Weekly and monthly reports with analysis of regional crude oil, and petroleum markets. Expert level coverage of markets in the Mediterranean, Asia, the Former Soviet Union (FSU), and the Americas. Reports focus on price development, supply and demand drivers, imports and exports, trade flows as well as geopolitics, and wider energy issues.
The Med Oil Weekly compiles all the most important news and developments from the prior week, breaking down fundamentals driving the crude and product markets
- Short-term outlook on regional crude differentials, with a focus on Urals, North Sea Dated and WTI delivered to Europe
- Product-by-product breakdown of movement in cracks over the reporting week, with our outlook for the weeks ahead
- INCLUDES: Relative incentive calculations of refining regional crude; refinery maintenance updates; crude intake and balance figures and many more!
Gasoline cracks continue to strengthen refining margins in Europe.
Offline Refining Capacity Gives Cracks an Additional Boost
European Crude Intake To Peak In August
North Sea Dated recovers after fears of OPEC+ non-compliance wane.
Short on time? The Med Oil Monthly report catches you up on the developing stories of the month in the Med and North Sea, combined with our outlook for the month ahead.
- Analysis of monthly movement in product cracks and crude differentials
- Ideal for those with a busy schedule and interested in our main takeaways from the month prior
- Combine with the Med Oil Weekly to gain a better understanding of how smaller developments are likely to affect the bigger picture
Margins on a Rollercoaster over Summer
Med light diffs experience steep recovery
Bottom of the Barrel Weakness Takes Its Toll on Simple Refineries
Light ends cracks correct downwards after going through their best month since the start of the pandemic
Timely, informative and concise data, coupled with insightful commentary on the most recent events in crude and product markets across North, Central and South America
- Analysis of trends in the US market in light of weekly EIA inventory data
- Chart-heavy analysis of supply fundamentals and crude markets, as well as processing and product markets
- Each issue includes a bonus article on a special topic, from trade flows and supply to demand or natural gas
Lower crude intake belies the ongoing strength in secondary feedstock processing, which has been advantaged by lighter crude intake, the ability to better control kero cuts, and a desire from refiners to capture strong secondary margins whilst reducing exposure to tighter crude refining economics.
Henry Hub futures found support in warmer-than-average temperatures as well as lower wind output. As a consequence, we saw them break the $4 per mmBtu barrier last week.
North Dakota production data for May has seen crude supply climb marginally for the third consecutive month. This comes as producers are prioritising productivity gains in order to achieve growth.
Mobility in the US is starting to lose momentum, with decelerating gasoline demand already visible in weekly figures. Diesel, on the other hand, is still performing strongly, with the recent headwinds likely to dissipate going forward. Argentina’s high infection rates already translated in disappointing May demand but a respite appears in sight over H2.
Taking a deep dive into the intricacies of the FSU market, our analysts share their valuable and original investigations, all while looking at how this influences the bigger picture
- Profound understanding of the frequently changing Russian taxation and incentive system for the refining, upstream and trading industries
- A focus on corporate news with in-depth knowledge on how geopolitical and strategic issues drive fundamentals in the region
- Includes supply, demand and export projections based on our in-house modelling, country profiles, Urals quality analysis, pipeline logistics
Gradual Growth of Russian Crude Supply. Moving Towards Seasonal Refining Peak in Russia. Surge in Russian LNG Exports to Asia Still to Come.
We explore how Nord Stream 2 will impact gas flows through other pipelines
Russia´s Upstream Presence Abroad Might Be Shrinking to a Bare Minimum. Turkey Country Update. CPC Blend Update.
Russian Coal Exports Ride the Wave of Increasing Coal Prices. Poland Country Update. BTC Blend Update.
The Asian Oil Monthly delivers one monthly report which rounds up the most pressing issues of the month with our outlook for one month forward. Also enjoy access to JBC Energy Asian Insights daily.
- Access to a regular stream of our analysis on the latest data, price movements, and relevant news pieces from the region as it happens
- Detailed fundamental data and analysis on East of Suez markets, including the Middle East delivered to you once a month
Intake lags, but crude markets remain tight
Crude markets tighten, but weaken products as they do
Singapore refining margins continue to underperform vs NWE amid fresh demand headwinds in Asia
Chinese exports are providing a significant boost to middle distillates availability in Asia
The Asian Oil Weekly delivers short-term updates on developments in the Asian crude and products markets, with expert-led analysis feeding into a short-term outlook for the weeks ahead.
- Instant analysis of weekly data from all the major Asian economies (PPAC, PAJ), which feed into our extensive modelling.
- Discussion of hot topic issues including how regulatory changes will drive these developing economies
Volumes of Asia-bound West African crude drop sharply in July.
Asian margins trailing behind globally on souring demand outlook in Southeast Asia.
Chinese intake reached a record-high in June on the back of limited blendstock availability.
OPEC+ failing to reach an agreement on an output strategy for August and beyond triggers fears of growing non-compliance amongst OPEC+ members.