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Global product markets weekly: Global refining margin improves as gasoline cracks strengthen in Singapore and the US
The weekly average of North Sea Dated recovered by US$1.06/bbl to US$55.11/bbl. Markets sought for cues on the potential peak of China COVID-19 out...
Global product markets weekly: Improving fuel oil cracks support refining margins across regions
Crudes resumed downward trend last week. Brent futures declined by 10.89% last week while WTI weakened by 4.97%. Total loss in the past two weeks w...
Global product markets weekly: Increased US Gulf Coast margins fail to offset global decline
The oil market moved sharply higher last week, reflecting strength in the global financial markets, as optimism grew that vaccines would be availab...
Global product markets weekly: Margin weakened with weaker gasoline cracks
The dated Brent price weakened further last week, slumping by $5.02/bbl to bring the weekly average to $68.18/bbl. Global economic growth concerns ...
Global product markets weekly: margins crater as gasoline floor proves elusive
North Sea Dated rose for the fourth consecutive week during the week commencing 21 January 2019, rising over $2.00/bbl to average $61.10/bbl. The s...
Global product markets weekly: Margins surged for one-year highs
The oil market extended the recent losses last week. North Sea Dated crude’s weekly average fell by US$1.48/bbl to US$61.62/bbl in the week to 9 Ap...
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