Insight
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7 Pages

Oil product markets in 2017: midway to a good year


Oil product markets in 2017: midway to a good year

Report summary

 Refinery margins were relatively strong in H1 2017 and look set to remain robust for the rest of the year. Ample crude supply and strong product demand growth has helped. Fundamentals for refining remain positive as capacity additions have slowed down and operational problems have limited utilisation in some regions. We forecast that 2017 will continue to be another good year for refiners.

What's included?

This report includes 1 file(s)

  • Oil product markets in 2017: midway to a good year PDF - 275.95 KB 7 Pages, 0 Tables, 5 Figures

Description

This Refining and Oil Products Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an alternative point of view to help inform your decision making.

With over 20 years of experience in the refining industry, Wood Mackenzie is a trusted global leader with a reputation for producing consistently reliable information.

Our senior analysts are based in the markets they analyse. They use detailed research data to forecast, benchmark and recognise trends that will help both new and existing participants identify opportunities and avoid risks.

  • Introduction
  • Refinery margins
    • Selected benchmark gross refining margins
  • Crude markets
  • Oil products demand
    • Global oil demand growth by product
    • Refinery capacity versus product demand growth
  • Refinery operations and product stocks
  • Crack spreads
    • NW Europe crack spreads versus Dated Brent
  • All set for a strong H2, making 2017 another good year for refiners
    • Global composite margin forecast

In this report there are 5 tables or charts, including:

  • Introduction
  • Refinery margins
    • Oil product markets in 2017: midway to a good year: Image 1
  • Crude markets
  • Oil products demand
    • Oil product markets in 2017: midway to a good year: Image 2
    • Oil product markets in 2017: midway to a good year: Image 3
  • Refinery operations and product stocks
  • Crack spreads
    • Oil product markets in 2017: midway to a good year: Image 4
  • All set for a strong H2, making 2017 another good year for refiners
    • Oil product markets in 2017: midway to a good year: Image 5
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