Marketview: Beyond Crude

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
ss25582-barrels-oil
Paul Cowan/Shutterstock

The market’s focus has been on economic worries and Opec-plus efforts to shore up oil prices by cutting crude oil output. In the background, price support has been building from refined products, first gasoline and now middle distillates, which helps Opec to keep Brent hovering around $75 per barrel.

Topics:
Diesel/Gasoil, Refining, Oil Products, Opec-Plus Supply , Crude Oil
Wanda Ad #2 (article footer)
#
Production and exports from Iran and Venezuela are rising amid speculation that the US may be taking a more lax approach to sanctions enforcement.
Thu, Sep 21, 2023
The October schedule is preliminary and could change once Moscow and oil companies reach a compromise at the urging of the country's president.
Wed, Sep 27, 2023
Russia’s surprise ban on motor fuel exports sent Europe’s diesel benchmark futures back above $1,000/ton, before market realities forced a retreat.
Wed, Sep 27, 2023