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Commodity Market Report

Oil products price forecast mid-month update January 2023

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17 January 2023

Oil products price forecast mid-month update January 2023

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 January 2023 have been updated to reflect the oil price movements so far this month since our last update on 9 January. In the first few weeks of January, our monthly ex-RVO Global Composite margin increased from our January price forecast. Tighter Atlantic product balances have supported global prices, with European suppliers actively building stocks ahead of the embargo on Russian product imports at the start of next month. In Asia, sentiment drove cracks higher, anticipating a recovery in Chinese demand over the Lunar New year and beyond given the ending of travel restrictions. The next full update to our prices and margins forecast will be published on 1 February 2023.

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This report contains:

  • Document

    Mid Month Pricing MEG Jan23.xls

    XLS 1.69 MB

  • Document

    Mid Month Pricing NYH Jan23.xls

    XLS 1.34 MB

  • Document

    Mid Month Pricing Spore Jan23.xls

    XLS 2.00 MB

  • Document

    Mid Month Pricing US Midcon Jan23.xls

    XLS 1.71 MB

  • Document

    Mid Month Pricing USGC Jan23.xls

    XLS 2.34 MB

  • Document

    Mid Month Pricing NWE Jan23.xls

    XLS 2.31 MB

  • Document

    Oil products price forecast mid-month update January 2023

    PDF 740.91 KB

  • Document

    Mid Month Pricing MED Jan23.xls

    XLS 1.92 MB