Insight
Market correction: Where next for oils and refining?
Report summary
The oil market slumped last week driven by a sharp change in investor positioning with an aggressive sell-off of previous long positions, with limited interest in fresh shorting as fears of demand weakness mounted against the backdrop of easing war risk premiums. The refining outlook now looks increasingly uncertain, with significantly flatter forward price structures with risks skewed to the downside. In this short insight, we assess the key uncertainties and risks to our near-term refining outlook.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Energy & Commodities Summit 2020 : APAC Virtual Edition
What does the crisis of 2020 mean for the future of energy?
$1,050
Commodity Market Report
Regional product markets short-term outlook May 2024
Monthly forecast of regional refining economics, regional demand and supply by product along with stock forecasts and a net trade forecast
$1,900
Commodity Market Report
Europe product markets short-term outlook May 2024
Monthly update of prices and margins, crude runs and product-by-product supply-demand balances through to end-2025.
$1,900