Insight
Oil product markets in 2017: midway to a good year
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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.
Table of contents
- Introduction
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Refinery margins
- Selected benchmark gross refining margins
- Crude markets
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Oil products demand
- Global oil demand growth by product
- Refinery capacity versus product demand growth
- Refinery operations and product stocks
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Crack spreads
- NW Europe crack spreads versus Dated Brent
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All set for a strong H2, making 2017 another good year for refiners
- Global composite margin forecast
Tables and charts
This report includes the following images and tables:
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Oil product markets in 2017: midway to a good year: Image 1Oil product markets in 2017: midway to a good year: Image 2Oil product markets in 2017: midway to a good year: Image 3Oil product markets in 2017: midway to a good year: Image 4Oil product markets in 2017: midway to a good year: Image 5
What's included
This report contains:
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