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Latest Analysis / Short-term Global Oil Service

Weekly Oil Market & Refining Update - Fundamentals support Brent; but mild weather could cap gains in coming weeks

Published: 25 November, 2019

Highlights:

  • Fundamentals support Brent; but mild weather could cap gains in coming weeks
  • Key Refining Developments: BPCL employees in India to take strike action this week; 800 kb/d refining capacity at risk
  • Global demand woes push low sulphur hydroskimming margins to the brink of turning negative
  • Forward product ...

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