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Latest Analysis / Short-term Global Oil Service

Products & Refining in Focus - Latest Round of Sanctions Not as Bad as Feared, Especially for Product Market

Published: 14 January, 2025

Highlights:

Latest Round of Sanctions Not as Bad as Feared, Especially for Product Markets
• Crude: Bullish sentiment surges on new Russia sanctions but Trump will have the final say
• Naphtha: Crude strength dumps cracks, while NWE ethylene perks up
• Gasoline: Global cracks tumble; US exports ...

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