May 2017

A combination of changes to crude slates, weaker consumption of secondary feedstocks, and the simple factor of strong margins and spare capacity can be used to explain very high US refinery utilisation (see Global Refinery [...]

Oil market was always too optimistic on rebalancing: JBC Energy Group

JBC Energy Group Chairman Johannes Benigni says that he expects the oil market to not be rebalanced before the end of 2019. – CNBC

Too much oil supply in the markets: Part One & Two

BNN commentator Andrew McCreath speaks with Johannes Benigni of JBC Energy, who explains why he thinks there's still too much oil on the market. – BNN