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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Products Imbalances & Pressure Points

Published: 3 July, 2020

Highlights:

  • Global naphtha S/D balance will remain above its 5-year average during 2H20. The y-o-y tightness in 2Q20 will disappear in 3Q20 and there is the chance that 4Q20 sees a longer market. This is predominantly driven by Asia, where the naphtha deficit should gradually widen from September as the region& ...

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