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Global product markets weekly: Depleted USGC product stocks supported margins
The oil market moved higher in the second half of last week, further extending the increases of the previous weeks, as OPEC+ confounded market expe...
Global product markets weekly: Global composite refining margin retreated further amid stronger Dubai and Urals
The North Sea Dated weekly average declined by US$0.58/bbl to US$60.14/bbl, erasing half of the previous week’s gains. Concerns over demand growth ...
Global product markets weekly: global crude run cut supports composite refining margin
The weekly average of North Sea Dated dropped by US$3.76/bbl to US$19.23/bbl as oversupply concerns persisted. The most pressure is on the prompt m...
Global product markets weekly: Global refining margins decline amid weak middle distillates cracks
The weekly average of North Sea Dated increased by US$1.45/bbl to US$66.45/bbl. Oil prices stabilized following OPEC+ decision last Friday on deepe...
Global product markets weekly: Global refining margins retreated amid weak gasoline cracks
The North Sea Dated weekly average increased by US$0.59/bbl to US$60.16/bbl. After new tariffs between China and the US kicked in, oil prices fell ...
Global product markets weekly: light ends and distillates diverge across globe
The Dated Brent crude price fell by an estimated US$2.40/bbl during the week commencing 8th October, settling just north of $83/bbl. Ongoing trade ...
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