East of Suez Oil Perspectives
East of Suez Oil Perspectives (EoS) is a monthly report available to subscribers of REA’s oil service. The monthly provides clients with intelligence on the key strategic trends impacting pricing, spreads and refinery margins in the Asia-Middle East market.
The latest issue examines the following issues:
OPEC+ spare capacity and "higher-for-longer" rates put ceiling on flat prices
Gasoline takes over product pricing leadership from gasoil as middle distillate margins weaken
Murban spot valuations come under pressure from higher exports, weakening gasoil cracks, and ongoing competitiveness of WTI Midland in Asia
Medium-sour strength in the spotlight
Margin compression leads South Korean refinery runs lower
Chinese diesel demand underwhelms with counter-seasonal builds, muted spot buying and rising stocks
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