Commodity Market Report
Oil products price forecast mid-month update April 2020
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The excel files associated with this report provide a mid-month update to our short-term products prices and margins forecasts. Prices and margins for the month of April have been updated to reflect the substantial oil price movements so far this month and we have made changes to our monthly forecasts for 2020 and 2021. These changes reflect recent data releases and major market developments since our last update on 1 April. The Brent crude price outlook included in this mid-month update is provisional and is not based on a full supply / demand balance analysis. It has been produced as an indicative assessment of the oil price direction for this price update only to reflect the recent changes to the oil market. Please refer to our Macro Oil Service for any clarification. The next full update to our prices and margins forecast will published by close of business Friday 1 May.
Table of contents
- Global refining margins rebound on sharp run cuts
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Sailing away from fuel oil - updated analysis of the IMO 2020 marine fuel sulphur changes
The forthcoming change in IMO regulations on the quality of marine bunkers, impacts the mix of fuels consumed by the shipping sector in 2020
$5,500
Commodity Market Report
Macro Oils short-term outlook May 2020
Low demand, plunging production and pressure on storage. But for all the changes, our price forecast for Brent remains largely the same.
$2,000
Insight
Webinar: Collapsing demand sets the terms in the battle for market share
What does the oil market face for 2020-2021?
$1,350
