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Monthly Oi l Market Repor t

12 July 2017

Feature article:

The outlook for the oil market in 2018

Oil market highlights

Feature article

Crude oil price movements

Commodity markets

World economy

World oil demand

World oil supply

Product markets and refinery operations

Tanker market

Oil trade

Stock movements

Balance of supply and demand

Monthly endnotes

iii

v

1

7

11

28

40

56

62

66

74

81

83