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Oil products price forecast update September 2021
This update incorporates all of the price forecasts, crude differentials and refining margins through to end-2022 on a regional level. Our monthly ...
On its way down? Where next for China’s crude storage?
After several years of strong growth, the Chinese government’s appetite to further expand its SPR storage capacity is cooling down. Furthermore, wh...
OPEC+ solves the riddle of the oil market
After the OPEC+ 4 June announcement, Brent prices initially rose that evening. However, the increase was short lived due to persistent market conce...
Petrochemicals: 5 things to look for in 2019
In the 1967 film, The Graduate, a bold prediction was made that “There is a great future in plastics”. Since then, global consumption of plastics a...
Petroineos announces Grangemouth refinery closure
On 22 November 2023, Petroineos announced the conversion of Grangemouth, Scotland’s only refinery, to an import terminal. The refinery is expected ...
Piecing together the puzzle of global crude oil storage
Global crude storage influences crude market dynamics in different circumstances. As an example, during the Covid pandemic, crude stock levels were...
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