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LNG vs Solar – what is the best option for island power markets?
Islands around the world continue to burn oil products for power generation. But things are changing. The shale gas revolution is branching out to ...
Low oil price triggers China’s US$40/bbl floor policy – what does it mean for refiners?
Since the breakup of the OPEC+ production cut agreement on 6 March, Crude oil prices have collapsed once again to below US$30/bbl. China’s US$40/bb...
Lower 48 H2 2019 supply: a self-correcting market
The boom years for Lower 48 production growth are behind us. Investor pressure and reduced budgets are taking near term volumes out of the market. ...
Oil market pain: checking on supply and demand progress
Events are moving swiftly since the 6 March OPEC+ meeting broke up without an agreement to cut production. Since then oil demand outside China is t...
Oil product markets 2016 in review: not such a bad year after all
Review of oil product markets and refinery margins in 2016. Most refiners enjoyed a relatively good year in 2016, despite high product stocks and v...
Oil product markets in 2017: midway to a good year
Refinery margins were relatively strong in H1 2017 and look set to remain robust for the rest of the year. Ample crude supply and strong product de...
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