Our Barrel Report series consists of four monthly reports that provide comprehensive coverage of crude oil, light distillate, middle distillate, and fuel oil/residue markets. These reports offer expert-level fundamental coverage of individual fuels with consistent model-driven projections in a succinct chart-heavy format.
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Find the value in each segment of the barrel
Crude Oil Barrel
Crude Oil Barrel (COB)
Our Crude Oil Barrel report provides detailed analysis on global crude supply, demand, balances, trade flows and pricing. A data Excel add on also allows clients to plug JBC Energy’s proprietary fundamental data into their own models.
- Released no later than the first business day after the Saudi Arabian Official Selling Prices.
- Data and charts on all relevant aspects of crude oil demand, supply, balances, trade flows, and pricing.
- Expert-level fundamental coverage and consistent model-driven projections in a succinct chart & bullet point style.
- Optional monthly data compilation is also available.
Issue 9 - 2 Sep'22
Crude Oil Barrel - Dataset
Issue 8 - 2 Aug'22
Stay tuned for the next issue of the Crude Oil Barrel report.
Issue 7 - 6 Jul'22
A souring economic outlook outweighs the bullish impetus from an array of supply disruptions.
Issue 6 - 7 Jun'22
While the EU embargo on Russian crude imports remains in the spotlight, the US supply outlook is providing an additional bullish impetus.
Bottom of the Barrel
Bottom of the Barrel (BoB)
Our Bottom of the Barrel report offer expert analysis of the fuel oil market and beyond. Each report covers the fundamentals of the various residues and the interplay between them and provides detailed forecasts for what this means for bunker fuels, secondary feedstocks, and demand from the power segment.
- BoB covers VLSFO, HSFO, LSSR, HSSR, LSVGO, HSVGO, and bitumen markets.
- Data and charts on all relevant aspects of demand, supply, balances, trade flows, and pricing
- Expert-level fundamental coverage and consistent model-driven projections in a succinct chart & bullet point style.
- Optional monthly data compilation is also available.
Issue 9 - 2 Sep'22
This is the data file for Kpler's Bottom of the Barrel report, issue 9.
Issue 8 - 1 Aug'22
Stay tuned for the next issue of the Bottom of the Barrel report.
Issue 7 - 16 Jul'22
Power generation-linked demand is back in town
Issue 6 - 10 Jun'22
Hi-5 spreads en route to the moon, with limited reason for optimism on the side of HSFO. Scrubber economics promise to steal the show going forward.
Middle of the Barrel
Middle of the Barrel (MoB)
The Middle of the Barrel report offers comprehensive coverage of global middle distillate markets. Each report starts with our key messages of the month for gasoil, diesel and jet, kero markets where we highlight the potential opportunities and threats in the coming months for the middle distillate cut of fuels.
- MoB covers gasoil, diesel, VGO, MGO, jet fuel, kerosene and more.
- Data and charts on all relevant aspects of demand, supply, balances, trade flows, and pricing
- Expert-level fundamental coverage and consistent model-driven projections in a succinct chart & bullet point style.
- Optional monthly data compilation is also available.
Issue 9 - 2 Sep'22
This is the data file for Kpler's Middle of the Barrel report, issue 9.
Issue 8 - 2 Aug'22
Global gasoil cracks have receded from some of the record highs seen in June, although European and US cracks remain in almost uncharted territory. Low inventories have been supportive of the strength and persist in both regions. Europe continues to import significant volumes from Russia, but a weakening East-West spread may facilitate flows from further afield.
Issue 7 - 20 Jul'22
Gasoil refining margins indicate clearly that the wider supply picture remains tight.
Issue 6 - 13 Jun'22
ICE gasoil futures hit $1433.75 per tonne on Friday 10th June albeit on thin volume prior to the expiry of the front-month contract.
Top of the Barrel
Top of the Barrel (ToB)
The Top of The Barrel report dives into the latest monthly developments for the world’s leading transportation fuel, gasoline, as well as for petrochemical feedstocks. Regular readers can comfortably navigate their way around this increasingly complex, but ever important segment of the market. Each month in each edition petrochemical feedstock demand is given its own dedicated coverage.
- ToB covers LPG, naphtha, and gasoline.
- Data and charts on all relevant aspects of demand, supply, balances, trade flows, and pricing
- Expert-level fundamental coverage and consistent model-driven projections in a succinct chart & bullet point style.
- Optional monthly data compilation is also available.
Issue 9 - 2 Sep'22
This is the data file for Kpler's Top of the Barrel report, issue 9.
Issue 8 - 2 Aug'22
Stay tuned for the next issue of the Top of the Barrel report.
Issue 7 - 19 Jul'22
Demand concerns emerge as global mobility and US gasoline inventories sound the alarm.
Issue 6 - 14 Jun'22
Light ends continue to see their fair share of volatility and unseen-before pricing dislocations as the re-arrangement of trade flows post-Ukraine invasion unfolds.
Barrel Data Compilation
Clients who subscribed to all four Barrel Series Reports, will receive this a special monthly Excel data sent out at no extra charge.
- Excel file containing our monthly supply, demand, and balance data for crude and products, split by region and sub-region
- Detailed refinery capacity and refinery operations data also included
- Forward demand cover and observed inventory data also provided
Having had the chance to cross paths with the work conducted by JBC Energy in several occasions, I could attest to the accurate statistics and information behind their work in the energy sector. Their high-quality indicators and reports regarding the energy market showcase both strong analytics and unbiased studies. Their expertise in the field aided by their extensive years in this domain make this research institute both well-grounded and reliable. I would recommend JBC Energy to anyone looking for thoughtful, measured and independent analysis of the energy markets worldwide.
- Adrian Jasimi, Oil Expert at Energy CommunityBenigni on Oil Markets, Issue 8 August 2019
In Issue 8 of our Benigni on Oil Markets report, we argued that the forward mogas vs diesel summer 2020 spread was completely undervalued on account of weakening gasoil/diesel and strengthening mogas in line with our IMO forecasts. Within a matter of weeks of our forecast, mogas began strengthening relative to gasoil over the relevant period.