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Latest Analysis / Short-term Global Oil Service

Weekly Oil Market & Refining Update - Bearishness in crude prices to persist until coronavirus turning point is reached

Published: 10 February, 2020

Highlights:

  • Bearishness in crude prices to persist until coronavirus turning point is reached
  • Key Refining Developments: Crude runs in China slashed in response to falling demand
  • Margins experience temporary relief as product exports from China stall
  • Forward product cuves and indicative arbitrage economics ...

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