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Latest Analysis / Short-term Global Oil Service

Weekly Oil Market & Refining Update - Market waits for OPEC+ (and others); will they cut far enough?

Published: 6 April, 2020

Highlights:

  • Market waits for OPEC+ (and others); will they cut far enough?
  • Several unknown factors remain ahead of key producers’ meeting
  • US crude exports into Atlantic Basin to continue falling as MEH/Brent diff (unusually) remains positive
  • Platts Urals diff still holding up in NWE despite backed-up Druzhba ...

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