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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Products Imbalances & Pressure Points

Published: 3 May, 2024

Highlights:

  • Relative to last month’s report, we revised down our annual 2024 global oil demand growth figure by 100 kb/d to 1.6 mmb/d.
  • Global core refined product demand is now seen rising by 1.1 mmb/d y-o-y in 2024.
  • Naphtha: Crack outlook for 2H weakened on stronger crude, wider balance
  • Gasoline: Balances ...

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