Commodity Market Report

Oil products price forecast mid-month update June 2021

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16 June 2021

Oil products price forecast mid-month update June 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 May 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 June. For this mid-month update we have revised our 2021 Brent price up to align with our Macro Oils Service short-term June Outlook. Our monthly ex-RVO Global Composite margin decreased US$0.48/bbl to US$1.25/bbl in the first half of June. Tighter crude markets in the last two weeks have pressured margins and globally gasoline cracks have eased after the EIA data reported large stock increases in the US. The next full update to our prices and margins forecast will published on July 1 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 Jun21.xls

    XLS 1.98 MB

  • Document

    Mid Month Pricing MEG Jun21.xls

    XLS 1.60 MB

  • Document

    Mid Month Pricing NWE Jun21.xls

    XLS 2.20 MB

  • Document

    Mid Month Pricing NYH Jun21.xls

    XLS 1.26 MB

  • Document

    Mid Month Pricing Spore Jun21.xls

    XLS 1.90 MB

  • Document

    Mid Month Pricing USGC Jun21.xls

    XLS 2.29 MB