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Latest Analysis / Short-term Global Oil Service

Weekly Oil Market & Refining Update - Driven by optimism on global trade, crude prices hit their highest levels since attacks on Saudi Arabia

Published: 16 December, 2019

Highlights:

  • Driven by optimism on global trade, crude prices hit their highest levels since attacks on Saudi Arabia
  • Key Refining Developments: Strike action in Europe partially resolved; run-cuts taking place in France
  • Global refinery margins at their lowest since January 2019, due to weak global products demand ...

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