Fundamentals September 2018

Published at 09:59 25 Sep 2018 by . Last edited 11:00 25 Sep 2018.

According to our crude balances, Q4 18 is set to be the tightest quarter we have seen in over a decade and tighter than any quarter we are currently predicting for 2019. This is due to a combination of the steep decline in Iranian exports, a lack of any near term spare capacity and the resurgence of…

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