Name: Regional product markets short-term outlook September 2022
Brand: Wood Mackenzie
SKU: 146001
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Author: Wood Mackenzie

Commodity Market Report 31 August 2022

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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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 revised global 2022 crude runs downward from last month's update. The majority of the lower runs are focused in Asia, reflecting the slower demand recovery in China, higher Q3 2022 regional refinery maintenance, and broader weakness in petrochemical feedstock demand. We have also lowered our Atlantic Basin crude run outlook this update, due to surging natural gas prices, weaker refining net cash margins, and higher-than-expected North American maintenance this Fall.</div>
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            Global supply tightness persists as product inventories post counter-seasonal draws
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        Regional Analysis
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<p class="font-regular" >Regional product markets short-term outlook September 2022</p>
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