Product Market Service Short-term Europe update - October

Joe Willis from Wood Mackenzie discusses what was driving refining margins in September, and the outlook for refining margins in the short to medium term, in a short podcast covering Europe.

European refiners have enjoyed a “Golden Summer” with very strong refining margins.  In this presentation, we look at what has been causing such high margins and discuss our short-term forecast.  We present our outlook for product crack spreads and consider how much longer refiners can expect to enjoy strong margins. 

Product Markets Service – Short-term is a detailed monthly analysis of the global oil products markets.  The service provides an essential understanding of the dynamics of supply and demand in the key regions along with monthly crude and products price forecasts.

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