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Latest Analysis / Short-term Global Oil Service

Weekly Fundamentals - Markets remain in limbo as tariffs uncertainty and demand concerns offset bullish geopolitical factors

Published: 20 March, 2025

Highlights:

  • Markets remain in limbo as tariffs uncertainty and demand concerns offset bullish geopolitical factors
    • Bearish IEA stocks revisions weighing down on light/heavy spreads; Ecuador heavy crude outage proves temporary
    • All about middle distillates: more downside for diesel demand as China announces LNG ...

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