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MNI Europe Refinery Maintenance Schedule (07 May 2024)

Refinery Maintenance CalendarAnalysisCommodities
  • Saudi Aramco raised the official selling prices for crude to Asia, NW Europe and the Mediterranean in June, signalling expectations of strong demand this summer and amid a tightening of supplies this quarter.
  • Supplies of ADNOC’s Upper Zakum crude have fallen in recent months to 852k b/d in April, the lowest since Sep. 2021. There have been no shipments to Europe since Jan.
  • In Europe, the Argus Brent Sour index hit a 14-month high in mid-April due to factors like less Mexican crude and Candain barrels now facing higher demand from Asia.
Full PDF here:

MNI European Refinery Maintenance Schedule 070524.pdf

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  • Saudi Aramco raised the official selling prices for crude to Asia, NW Europe and the Mediterranean in June, signalling expectations of strong demand this summer and amid a tightening of supplies this quarter.
  • Supplies of ADNOC’s Upper Zakum crude have fallen in recent months to 852k b/d in April, the lowest since Sep. 2021. There have been no shipments to Europe since Jan.
  • In Europe, the Argus Brent Sour index hit a 14-month high in mid-April due to factors like less Mexican crude and Candain barrels now facing higher demand from Asia.
Full PDF here:

MNI European Refinery Maintenance Schedule 070524.pdf