Latest Analysis /
Short-term Global Oil Service
Weekly Oil Market & Refining Update - Renewed demand concerns push crude price down; but supply fundamentals keep Brent in backwardation
Published: 24 February, 2020
Highlights:
- Renewed demand concerns push crude price down; but supply fundamentals keep Brent in backwardation
- Key Refining Developments: China refinery runs move lower yet again
- Margins fall on stronger crude prices; currently propped up by gasoline
- Forward product curves and indicative arbitrage economics ...
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