Zoom in on your target region with our weekly and monthly reports, offering a comprehensive overview of recent news, coupled with investigation as to what this really means for local crude and product markets.
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!
Contango structure deepens again in North Sea crude market, keeping floating storage plays afloat.
The weak margin environment has led not only to lower crude runs in Europe, but also higher average complexity of online capacity
Full diesel pool requires price incentives for jet blending into other products
End-user stockpiles to contribute to lower heating oil demand in Europe ahead of winter
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
Urals unlikely to return to recent highs as the need to price into simple refineries nears
Crude market strength stalls, helping to boost simple and medium margins in the Med
Low margins extend refining capacity shut-ins, with some improvement expected going forward.
Tightness should begin to emerge in the European crude balance next month, with medium, sour scarcity to support Urals differentials
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
A move to ban flaring in Texas has prompted us to consider the impact of a wider-spread flaring ban.
Mexican crude supply posted its fourth consecutive m-o-m decline in July, whilst Brazilian output continues to weather the crisis fairly well.
US crude supply saw a 440,000 b/d m-o-m uptick over June, although the pace of recovery disappointed vs our expectations.
We see several reasons why Henry Hub futures may have topped out for now.
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
With Lithuania restricting Belarus' access to the port of Klaipeda, the latter is turning back to Russia for its product exports.
Counter-seasonally rising Russian diesel exports add further pressure to already depressed European diesel cracks.
What has shaped Russian refining last month and what is to be expected over the rest of H2? Urals' home market coming under rising pressure from eastern exports.
Recent indications for Russian road fuels demand suggest stalling recovery and spell trouble for crude intake over the months ahead.
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
Asia losing market share in Europe, Africa gasoil/diesel markets
Mounting news of refinery shutdowns in Asia exposing regional vulnerabilities.
Singapore complex margins have fallen from their mid-June highs, closing the gap to comparable setups in the West of Suez.
Refiners in Japan, Southeast Asia succumb to pressure.
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
We may see continued support for mogas/diesel spreads, while regrades may keep benefitting from diesel weakness.
Asian oil products demand dips back below 5-year average in August
Refining margins are set to remain heavily subdued, with no setup able to break above others
Crude departures for China were low in July and August, chiming with weakening market structures.