Latest Analysis /
Short-term Global Oil Service
World Oil Market Report - Refinery Margins & Product Cracks
Published: 10 November, 2023
Highlights:
- The seasonal decline in gasoline cracks will hit margins but high diesel cracks will continue to prop them up and incentivise maximum run rates.
- New refining capacity unlikely to be a factor this year but will emerge, eventually, in 2024.
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