Commodity Market Report
Oil products price forecast mid-month update June 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. Prices and margins for June 2022 have been updated to reflect the oil price movements so far this month since our last update on 1 June. For this mid-month update, we have revised our monthly Brent price forecast to align with our Macro Oils Service short-term June outlook. Our monthly ex-RVO Global Composite margin increased in the first half of June as strength in gasoline and diesel more than offset the sharp declines in naphtha and fuel oil. We expect continued strength in transportation fuels and global margins to remain high in Q3 2022, an upward revision form our previous outlook. The next full update to our prices and margins forecast will published on 1 July 2022.
Table of contents
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Product cracks decouple from fundamentals on refining squeeze
- Crude price and differential analysis
- Saudi Aramco OSP Outlook
- Regional refining margins analysis
Tables and charts
No table or charts specified
What's included
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