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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Products Imbalances & Pressure Points

Published: 6 May, 2020

Highlights:

  • Global naphtha S/D balance will remain in line with its 5-year average during the rest of 2020. The tightness seen in 2Q 2020 is primarily due to somewhat resilient demand coinciding with lower refinery throughput. Global demand is estimated to fall by 600 kb/d y-o-y in 2Q 2020, while refinery ...

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