Oil products price forecast update April 2024 Report

Commodity Market Report 02 April 2024

Get this report*

$1,900

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*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 an update to our short-term products prices and margins forecasts. Prices and margins for April 2024 have been updated to reflect the latest supply and demand changes in our balance forecast. March pricing reflected a continued tightening of global gasoline balances against an easing distillate market driven by both lower freight costs and expectations of greater supply. As the products move in opposite directions, gasoline has become the leading product, a position that it is expected to retain through Q2 2024. The next update to our prices and margins forecast will be our mid-month update published on 16 April 2024.

Gasoline cracks rise as distillates ease on Q2 2024 global oversupply
- Brent Price Outlook
- Key Changes to our prices and margins view
- Market drivers to watch:
- Crude price and differential analysis
- Regional refining margin analysis