Commodity Market Report
Oil products price forecast mid-month update January 2022
*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. For this mid-month update, we have made only minor changes to our outlook. Prices and margins for January 2022 have been updated to reflect the oil price movements so far this month since our last update on 10 January. Our monthly ex-RVO Global Composite margin remained unchanged in the first half of January as stronger jet cracks were offset by weaker fuel oil cracks. Strong Asian distillate cracks have also continued to provide additional support as Chinese exports remain low. The next full update to our prices and margins forecast will be published on 1 February 2022.
Table of contents
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Global margins remain supported through Q1 2022 as jet cracks take off
- Saudi Aramco OSP Outlook
Tables and charts
This report includes the following images and tables:
- Saudi Aramco’s Official Selling Price Arab Light into NW Europe
What's included
This report contains:
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