Commodity Market Report

Oil products price forecast mid-month update April 2021

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16 April 2021

Oil products price forecast mid-month update April 2021

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 April 2021 have been updated to reflect the oil price movements so far this month. These changes reflect recent data releases and major market developments since our last update on 1 April. For this mid-month publication, we have updated our Brent price outlook to align with our Macro Oils Service short-term April Outlook. Our monthly Global Composite margin increased US$1.40/bbl to US$4.36/bbl in the first half of April, on course for the highest monthly value since October 2019. However, we expect the composite margin to ease slightly in May, as the recent strength in Atlantic Basin gasoline cracks soften. The next full update to our prices and margins forecast will published on May 3 2021.

Table of contents

Tables and charts

This report includes 1 images and tables including:

  • Saudi Aramco’s Official Selling Price Arab Light into NW Europe

What's included

This report contains:

  • Document

    Mid Month Pricing MED Apr21.xls

    XLS 1.97 MB

  • Document

    Mid Month Pricing MEG Apr21.xls

    XLS 1.57 MB

  • Document

    Mid Month Pricing NWE Apr21.xls

    XLS 2.23 MB

  • Document

    Mid Month Pricing NYH Apr21.xls

    XLS 998.50 KB

  • Document

    Mid Month Pricing Spore Apr21.xls

    XLS 1.90 MB

  • Document

    Mid Month Pricing USGC Apr21.xls

    XLS 2.13 MB