Commodity Market Report
Regional product markets short-term outlook April 2022
Report summary
This update incorporates all of the regional crude runs and product-by-product supply-demand balances through to end-2023 on a regional level. For this update, we have incorporated our latest global GDP outlook, the impact of elevated prices, and the Russia/Ukraine invasion. The oil and refined product market outlooks remain highly uncertain and volatile. Producers, traders, shippers, refiners and even consumers are all having to adapt to shifting crude and product flows – and pricing.
Table of contents
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Global refining in max distillate mode through 2022
- Changes to our Short-Term demand view
- Impact on Russian and Other FSU demand outlook
- Changes to our Short-Term supply view
- Regional refining outlook
Tables and charts
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