Page 35 - Policy_Economic_Report_September2020
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Policy and Economic Report:
                                                                                       Oil & Gas Market


               Figure 7: Product crack spreads vs. Dubai crude







                   20.00

                   15.00

                   10.00
                    5.00

                      -

                   (5.00)
                  (10.00)

                  (15.00)

                  (20.00)

                  (25.00)




                      Naptha                        Premium gasoline (unleaded 95)  Regular gasoline

                      Jet/Kerosene                  Gasoil/Diesel                  Fuel oil

               Source: OPEC, FIPI

                    Table 5: Singapore FOB, refined product prices ($/bbl)

                  Products                                  Price ($/b) in    MoM (%) change   YoY (%) change
                                                            August 2020
                  Naptha                                       43.08             -1.2%           -15.0%
                  Premium gasoline (unleaded 95)               48.18             3.5%            -31.3%
                  Regular gasoline (unleaded 92)               46.96             5.0%            -29.4%
                  Jet/Kerosene                                 43.28             -1.5%           -42.0%
                  Gasoil/Diesel (50 ppm)                       49.31             -1.4%           -34.3%
                  Fuel oil (180 cst 2.0% S)                    41.21             7.2%            -24.3%
                  Fuel oil (380 cst 3.5% S)                    40.6              5.6%            -24.4%
                  Source: OPEC







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