Insight
Saudi's face-off for crude market share in Asia
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Saudi Arabia has so far been able to defend its market in Asia, a region which provides the highest netback for its crude. The stakes remain high this year and we expect Saudi Arabia to maintain discounted official selling prices (OSPs) for its crude. Refiners continue to benefit as a result of this competition. Refiners should increase their flexibility in sourcing a wider range of crude grades from the Middle East to take advantage of the evolving supply and pricing dynamics.
Table of contents
- Saudi's crude market share in Asia
-
Saudi's crude pricing to Asian refiners
- Crude premium/discount to Oman/Dubai average, US$/bbl
-
Asian crude runs
- Incremental crude runs in Asia 2016 vs 2015, '000 b/d
-
Crude oil stockbuild in Asia
- Asia crude stock build, Mbbls
- Conclusions
Tables and charts
This report includes the following images and tables:
- Asian crude imports 2015 vs 2014, '000 b/d
- Asian crude imports Q1 2016 vs Q1 2015, '000 b/d
- Saudi's face-off for crude market share in Asia: Image 3
- Saudi's face-off for crude market share in Asia: Image 4
- Saudi's face-off for crude market share in Asia: Image 5
What's included
This report contains:
Other reports you may be interested in
Insight
Contrasting Futures: Japan vs South Korea in Refining and Chemicals
Parallel challenges, divergent outcomes — the strategies shaping Japan and South Korea refining and chemical sectors
$900
Asset Report
Ya'an - Lithium refinery
A detailed analysis of the Ya’an lithium refinery.
$2,250
Insight
Global auto supply chains polarised by rare earth restrictions
The automotive industry faces a shortage of rare earth magnets due to China's export restrictions, which particularly affects EVs.
$1,050
