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!
Urals differentials recover on the back of increased European crude intake and Saudi Arabia and Iraq reduce June formula prices for Europe and Asia bound crude supplies
BFOET Differentials Strengthen on Lower North Sea Supply
Libyan output dips to 1 million b/d amid budget dispute and Urals slide to 12-month lows on increased supply
Thin Regional Demand Depresses Med Differentials and CPC Blend and BTC Blend hit multi month lows
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
Light ends cracks correct downwards after going through their best month since the start of the pandemic
European refiners start taking advantage of supressed West African crude valuations, increasing the barrel pull
The effects of the US big freeze trickle down to the Med, boosting mostly light end cracks
While high carryover maintenance from 2020 supported margins over year-end, lockdown extensions in Europe are starting to weigh down on margins.
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
Gas consumption in the US was hampered by low domestic heating demand in early May. LNG exports, however, found some strong buying interest from Europe and elsewhere over the last month.
The supportive impact of February’s Big Freeze on petchem feeds is made clear in newly-released EIA monthly data.
Crude production in North Dakota declined for a fourth consecutive month in February as a result of the Big Freeze. At the same time, lower supply from Latin American countries in February led to a larger y-o-y decline than previously expected.
Americas product demand is edging higher, amid strengthening vaccine rollout momentum in the US and improving mobility in Brazil, but a return to 2019 levels remains out of sight over the rest of Q2.
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
The economic appeal of Russian gas is likely to remain firmly in place over the remainder of 2021 in Europe.
Refining economics improved, but some headwinds for Russia refiners remain
Geopolitics playing a role in Eastern Europe's oil markets again.
Modernisation efforts in Russia's refining sector are picking up pace.
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
Chinese exports are providing a significant boost to middle distillates availability in Asia
Asian refining margins likely to underperform vs Europe
Support for mogas/diesel spreads is only temporary
China's crude inventory draw amounted to 1.4 million b/d in December.
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
Saudi Arabia lowers its Asian OSPs for June-loading cargoes, but is lagging expectations.
Crude prices diverge from fundamentals.
Asian demand outlook sours due to a dramatic rise in COVID-19 cases, especially in India.
Chinese March crude intake comes in flat m-o-m, seemingly unaffected by spring maintenance.