MARKET INTELLIGENCE
Latest Petroleum Market Insights & Analysis
Global Market Overview
Latest updates as of March 2024 | Source: Steppeway Market Analysis
Key Market Drivers
- OPEC+ production policy adjustments
- Global economic growth projections
- Geopolitical tensions in key regions
- Refinery maintenance schedules
- Renewable energy transition pace
Market Sentiment
Market Alert
Q2 2024 refinery maintenance season may create supply tightness in key products
LIVE PRICES
Commodity Price Dashboard
Brent Crude
$84.25
Week: $82.50 - $85.10
WTI Crude
$79.80
Week: $78.20 - $80.50
Jet A1 (ARA)
$985/MT
Week: $980 - $995
EN590 Diesel
$920/MT
Week: $910 - $925
D6 Fuel Oil
$580/MT
Week: $575 - $585
LPG Propane
$620/MT
Week: $600 - $625
LNG (Asia)
$12.5/MMBtu
Week: $12.3 - $12.8
Gasoline 95
$890/MT
Week: $875 - $895
FEATURED ANALYSIS
Latest Market Reports & Insights
Global Refining Margins Analysis
Comprehensive review of refinery economics and margin projections for key products across global refining hubs.
- Asian complex margins +15% YoY
- European diesel cracks remain strong
- USGC gasoline margins volatile
- Focus on distillate-rich crudes
- Monitor Asian export arbitrage
- Hedge Q2 margin exposure
MARKET INTELLIGENCE
Latest Industry Insights
Global Refining Margins Hit 2-Year High
Strong diesel cracks and optimized crude slates drive refinery profitability to multi-year highs.
Asian LNG Demand Surges in Q1 2024
Cold weather and economic recovery drive LNG imports 18% higher than previous year.
Jet Fuel Demand Nears Pre-Pandemic Levels
International travel recovery accelerates, with Jet A1 consumption reaching 95% of 2019 levels.
IMO 2023: One Year Impact Assessment
Analysis of carbon intensity regulations and their effect on vessel operations and fuel choices.
Arbitrage Opportunities: East-West Spreads
Identifying profitable trading opportunities across regional price differentials for key products.
Red Sea Disruptions: Alternative Routes Analysis
Evaluating the impact of shipping disruptions on global petroleum trade flows and costs.
MARKET CALENDAR
Upcoming Industry Events & Reports
OPEC+ Monthly Meeting
April 3, 2024 | VirtualProduction policy decision for Q2 2024
IEA Oil Market Report
April 12, 2024 | ParisGlobal supply-demand balance update
API Weekly Statistics
Every Tuesday | Washington DCUS inventory and demand data
EIA Short-Term Energy Outlook
April 9, 2024 | Washington DCUS energy market projections
Platts Asian Refining Summit
April 16-18, 2024 | SingaporeRegional refining trends and outlook
G20 Energy Ministers Meeting
April 22, 2024 | BrazilGlobal energy policy coordination
REGIONAL ANALYSIS
Global Market Outlook
Asia Pacific
Strong demand growth, refining margins robust
Europe
Diesel tightness, economic uncertainty
Americas
Strong exports, domestic demand stable
Middle East
Production discipline, export volumes steady