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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Products Imbalances & Pressure Points

Published: 30 October, 2024

Highlights:

  • Naphtha: Blending to continue despite narrower mogas/naphtha spreads but seasonal pressure still seen over next five months
  • Gasoline: Low 4Q inventories and slow winter build to support Atlantic Basin cracks
  • Jet/Kero: Spiked regrades should ease but jet/kero fundamentals remain supportive
  • Gasoil/Diesel

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