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Latest Analysis / Short-term Global Oil Service

World Oil Market Report - Products Imbalances & Pressure Points

Published: 9 June, 2020

Highlights:

  • Global naphtha S/D balance will remain in line with its 5-year average during the rest of 2020. The y-o-y tightness in 2Q will ease in 3Q and turn into a surplus by 4Q20. Global naphtha demand is set to average flat y-o-y in 4Q20, following a 230 kb/d y-o-y decrease in 3Q20. Meanwhile refinery ...

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