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Crude Alert - Brent/Dubai Outlook - Downside risk for 1Q 2020 on higher freight and tighter product diffs

Published: 14 January, 2020


  • Surging freight rates help push Brent/Dubai EFS back under $2/bbl
  • OPEC+ and Saudi’s ‘super’ cuts tighten up Middle East crude supply
  • Stocks show no sign of fuel oil surplus yet – but considerable length is just around the corner
  • Downside risk to 1Q 2020 outlook for Brent/Dubai ...

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