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Latest Analysis / Short-term Global Oil Service

Weekly Oil Market & Refining Update - Logistical output shut-ins expected soon as global glut grows and crude prices collapse

Published: 30 March, 2020

Highlights:

  • Logistical output shut-ins expected soon as global glut grows and crude prices collapse
  • Crude diffs to Platts Dated Brent hit multi-year lows in Med; Platts Urals diff in NWE still holding
  • Key Refining Developments: Run cuts are the order of the day
  • Margins rebound on diesel/gasoil strength, but ...

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