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US tight oil moves the pressure onto refiners
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Report summary
What are the odds of a distillate shortage as the global crude slate gets lighter and sweeter? As US tight oil production grows alongside OPEC supply restraint, production declines in Venezuela and sanctions on Iran, the global crude slate is gradually changing. This is creating an outlook for refining in which LPG, naphtha and gasoline have the potential to be over supplied. In such a case, the refining industry would have to adapt and shift yields to balance global supply and demand.
Table of contents
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US tight oil moves the pressure onto refiners
- Product yield changes
- A distillate shortage?
- Gasoline length?
Tables and charts
This report includes 1 images and tables including:
- Global supply/demand balance, 2023 vs 2017
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