Browse our downstream oil refining reports
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Downstream oil refining reports
"Whack a short" drives refining margins to record levels. How long do high refining margins last?
Strong demand recovery, pandemic driven refinery closures, China’s export policies and the Russia/Ukraine conflict have resulted in low inventories...
2015 Global Refinery Net Cash Margin Review
Wood Mackenzie’s analysis for 2015 shows Global Net Cash Margins (NCM) increased by almost 50% from 2014 levels, as falling crude prices , increase...
Middle East product markets short-term outlook December 2022
This monthly update incorporates price forecasts and differentials, crude runs, refining margins and product-by-product supply-demand balances thro...
Middle East product markets short-term outlook May 2019
This monthly update incorporates price forecasts and differentials, crude runs, refining margins and product-by-product supply-demand balances thro...
Middle East product markets short-term outlook November 2021
This monthly update incorporates price forecasts and differentials, crude runs, refining margins and product-by-product supply-demand balances thro...
Middle East product markets short-term outlook November 2022
This monthly update incorporates price forecasts and differentials, crude runs, refining margins and product-by-product supply-demand balances thro...
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