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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Products Imbalances & Pressure Points

Published: 4 September, 2024

Highlights:

  • Naphtha: Little demand upside expected from new cracking capacity in 1Q 2025 as operators trim runs to accommodate it
  • Gasoline: Extremely low inventory levels herald seasonally strong winter and bullish start to 2025
  • Jet/Kero: Oversupply keeps regrade negative in August with support not seen ...

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