Oil Outlook
Higher production and exports from the Americas provided partial relief after major losses from Gulf producers. Longer trade routes and changes in crude quality have altered tanker demand and refinery economics.nnRefineries assessing alternative crude must consider yield, sulphur, density, compatibility and contractual specification. A lower headline price may be offset by weaker product yields or higher processing and freight costs.
Source: IEA
This is an original MENA Oil & Gas market summary based on the cited public source. It is provided for general information and does not constitute an offer, investment advice, legal advice or confirmation of product availability.