Commodity Market Report

Regional product markets short-term outlook September 2024

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This update incorporates all of the regional crude runs and product-by-product supply-demand balances through to end-2026 on a regional level. With global demand at its peak for 2024, August crude runs were strong. As we look towards autumn maintenance, crude runs are expected to decline, bringing a welcome drawdown in stocks for a market that has been driven by oversupplied sentiment in recent months.

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    Regional product markets short-term outlook September 2024

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