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Latest Analysis / Short-term Global Oil Service

Weekly Oil Market & Refining Update - Crude prices strengthen on bullish US weekly stocks data and oil demand recovery

Published: 18 May, 2020

Highlights:

  • Crude prices strengthen on bullish US weekly stocks data and oil demand recovery
  • Urals prices strengthen relative to Brent as medium sour crude supply tightens
  • Key Refining Developments/Global Refinery Runs
  • European margins turn negative; refinery runs to remain under pressure in May

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