The Middle East, the world’s second most dynamic downstream market after Asia, has been the location of more than 30% of the world’s refining capacity expansion in recent years and will continue to be home to an even larger share of the world’s firm refining projects in the coming years.
The region significantly suffers from transparency and access to up-to-date data and analysis. In some instances, public data on the Middle East product fundamentals, which are often used by the industry as a source, lack all of or part of the data for some countries in this region.
We continuously examine the Middle East’s complex market developments to provide our clients with detailed analysis of the region’s upstream and downstream operations, including crude/condensate/NGL production and supply, products demand/output/imports/exports, refinery operations (refinery runs, output, margins, product cracks, refinery maintenance), implied products trade, crude and products stocks by main region, crude and products trade, regional crude and products balances, and crude and products prices.
Our Middle East oil specialists work closely with our clients to deliver specialist insights, industry-leading analysis, and reliable data, so that clients are able to identify commercial opportunities and challenges, develop trading and hedging strategies based on independent fundamental research, and seek a competitive advantage across the oil value chain.
We cover the whole barrel, from crude and condensates to refined products ranging from fuel oil, gasoline, gasoil/diesel, jet/kerosene, naphtha, and NGLs.
Countries covered: Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, The UAE, Yemen.