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Oil Products reports
Global product markets weekly: rising prices continue to undermine margins
The Dated Brent crude price strengthened further in the week commencing 1st October, with the weekly average price close to US$85.50/bbl. This is t...
Global product markets weekly: Robust product markets continue to support refining margins
The bullish momentum in the oil markets did not last long. The weekly average of dated North Sea declined by $2.40/bbl to $63.67/bbl last week on t...
Global product markets weekly: Stronger margins despite increased demand concerns
The oil market rose to new post-pandemic highs on Wednesday last week, but by the end of the week had retraced most of these gains. North Sea Dated...
Global product markets weekly: weaker transport fuel cracks pressure global composite margins
The oil market was volatile, and the North Sea Dated weekly average edged higher by US$0.12/bbl to US$41.18/bbl with fresh hopes for an agreement o...
Global product markets weekly: Weakness in gasoline and middle distillates cracks dragged down global refining margin
A series of bullish news erased the losses on 29 November. The weekly average of North Sea Dated increased by US$0.56/bbl to US$65.00/bbl. Positive...
Strategy update: Shell's new pitch to investors
Shell used its Q3 results call to provide a much-needed strategy update – the precursor to a more comprehensive Management Day next February. It wa...
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