This monthly update incorporates product by product supply demand balances through to end 2018 on a monthly basis. Key highlights include: Petroleum Corporation of Jamaica and PDVSA agreed to invest up to US$1 billion to upgrade their jointly owned refinery in Kingston. Brazil increases the biodiesel blend into diesel from 7% to 8% starting in March 2017. Petrobras reduced by 5.4% wholesale gasoline prices on February 25 2017. The full Latin America dashboard is available as pdf in the Downloads section. Detailed balances for Argentina Brazil Other Latin America and Total Latin America are also available as excel files.