Commodity Market Report
Oil products price forecast mid-month update February 2022
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The excel files associated with this report provide a mid-month update to our short-term products prices and margins forecasts. Prices and margins for February 2022 have been updated to reflect the oil price movements so far this month since our last update on 1 February. For this mid-month update, we have revised our February monthly Brent price forecast to align with our Macro Oils Service short-term February outlook. Given the current geopolitical tension over Russia-Ukraine, low distillate and crude stock levels, and strong backwardation we have revised our forecast for Brent upward. Our monthly ex-RVO Global Composite margin increased in the first half of February as gasoline and distillate cracks strengthened. Atlantic basin gasoline cracks remain strong given strong transatlantic flows and exports to Africa. The next full update to our prices and margins forecast will published on 1 March 2022.
Table of contents
-
Global margins stall on prompt Brent pricing strength, tight distillate balances to underpin global margins through H1 2022
- Crude price and differential analysis
- Saudi Aramco OSP Outlook
- Regional refining margins analysis
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Liquid renewable fuels in brief
Rolling coverage and analysis of key events in the global liquid renewable fuels market
$900
Commodity Market Report
Oil products price forecast mid-month update October 2024
Mid-month update to our short-term oil products prices and margins forecast.
$1,900
Country Report
Global zinc smelter asset cost summary
Detailed analysis and forecast for production, costs, revenue and margins for zinc smelters.
$6,750
