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Winter is coming: Chicago and New York clean product prices face upside risk
The US is weeks away from the end of peak gasoline demand season. Refineries are gearing up for maintenance and seasonal gasoline demand decline. H...
Wood Mackenzie 2nd APAC Downstream Briefing
Oil price volatility, geopolitical tensions, US-Iran sanctions, political uncertainty in Venezuela, countdown to IMO, US-China trade dispute, China...
Large integrated crude-to-chemicals sites in China – the next mega-trend
A quest to meet a higher chemicals demand and feedstock security are behind this new wave of crude-to-chemicals sites in China. These sites take re...
Low sulphur fuel oil for bunkers - sweet enough?
The IMO Annex VI protocol will reduce the worldwide sulphur limit for marine fuels to 5000 ppm. Marine fuels which comply with the global sulphur c...
Macro oils short-term outlook: March 2023
We are still on track to see a swift recovery to strong demand growth after the sharp decline in Q4 2022. A big 2.9 million b/d lift is forecast fo...
"Whack a short" drives refining margins to record levels. How long do high refining margins last?
Strong demand recovery, pandemic driven refinery closures, China’s export policies and the Russia/Ukraine conflict have resulted in low inventories...
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