Commodity Market Report
Regional product markets short-term outlook October 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
This update incorporates all of the regional crude runs and product-by-product supply-demand balances through to end-2026 on a regional level. Global crude processing averaged 81.7 million b/d in September, with utilisation rates coming in at 78.2% as the autumn maintenance period begins to ramp up. This month, crude runs came in under forecast by 670 kb/d as sharp declines in refining margins saw utilisation drop and higher-than-anticipated maintenance.
Table of contents
-
Distillate stocks continue to build but are expected to ease in Q4 as seasonal maintenance gains momentum
- Key market highlights
- Changes to our short-term demand view
- Changes to our short-term supply view
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Global oil supply short-term update - October 2025
OPEC+ begin to unwind next tranche of cuts. We assume only a partial return of volumes due to a weakening outlook for prices.
$1,350
Asset Report
Ukraine other fields
This report provides reserve and production data for commercial fields in Ukraine that are not currently modelled in a detailed asset ...
$3,720
Insight
Lithium’s US$2 Billion Question: How Bolivia's election could determine the fate of its vast lithium resource
Bolivia's lithium future is at the crossroads as the Oct 19 runoff between two candidates supporting lithium development approaches.
$1,050
