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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Products Imbalances & Pressure Points

Published: 21 March, 2023

Highlights:

  • Global product demand is seen rising by 2 19 mmb/d in 2023 with just over 1 mmb/d of this jet/kero. We have revised global oil demand upwards relative to last month by around 150 kb/d
  • Naphtha: Cracks have reached their ceiling with plenty of downside risk ahead
  • Gasoline: Hot summer ahead especially ...

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