Latest Analysis /
Short-term Global Oil Service
Weekly Fundamentals
Published: 26 March, 2020
Highlights:
- Prompt market structure collapsing, as global demand crash points to huge stocks surplus
- Demand highlights
- US crude exports to Atlantic Basin threatened as MEH/Brent differential narrows
- Urals diffs in Med sink to 12-year lows
- WAF crude prices plummet in response to global glut
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