Commodity Market Report
Regional product markets short-term outlook August 2023
Report summary
This update incorporates all of the regional crude runs and product-by-product supply-demand balances through to end-2025 on a regional level. In the near term, we have made a 600kb/d and 200kb/d downward revision to June and July 2023 crude runs. This was mainly driven by lower runs in Asia and the Middle East given unplanned refinery downtime, but we have increased our outlook for Russian runs as seasonal maintenance ended. For this update, we have made a 460kb/d downward revision to Q4 2023 runs on heavy Middle East and Indian refinery maintenance, plus we have further delayed our view on the start-up of the Dangote refinery.
Table of contents
-
Distillate complex tightens on supply outages, lower yield flexibility and jet recovery
- Key Market Highlights
- Changes to our Short-Term demand view
- Changes to our Short-Term supply view
- Regional analysis
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Regional product markets short-term outlook April 2024
Monthly forecast of regional refining economics, regional demand and supply by product along with stock forecasts and a net trade forecast
$1,900
Commodity Market Report
Regional product markets short-term outlook March 2024
Monthly forecast of regional refining economics, regional demand and supply by product along with stock forecasts and a net trade forecast
$1,900
Commodity Market Report
Asia Pacific product market strategic planning outlook
This outlook for the Asia Pacific oil products market analyses the key long term trends to 2050 to support your strategic planning
$4,750
