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Latest Reports and Analysis

Latest Analysis / Short-term Global Oil Service

Fuel Oil Foresights #104 - Long-delayed Al-Zour refinery finally starts commercial operations

Published: 24 November, 2022

Highlights:

Market Feature – Long-delayed Al-Zour refinery finally starts commercial operations

On 6 November, Kuwait announced it had started commercial operations of the first train of the country’s much-delayed new Al-Zour refinery. In our base-case scenario, Al-Zour’s throughput will rise ...

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Previous Issues

April 18, 2024

Fuel Oil Foresights #138 - VLSFO cracks to rise as exports from Al-Zour dry up, but downside risks loom

April 4, 2024

Fuel Oil Foresights #137 - Bullish outlook for VLSFO relative to the forward curve but bearish for HSFO in May-July

March 21, 2024

Fuel Oil Foresights #136 - We are more bearish than the forward curve for HSFO in May to July

March 7, 2024

Fuel Oil Foresights #135 - Downside expected for VLSFO cracks in April before a rebound in May

February 20, 2024

Fuel Oil Foresights #134 - We remain more bearish than the forward curve for VLSFO in March and April

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