Possible scenario
Aggressive Export Ramp
20% Chance
Chinese refiners move quickly to monetize the approval, causing a larger-than-expected increase in October gasoline, diesel and jet fuel flows. Asian refining margins retreat sharply from record levels, hurting non-Chinese refiners most directly.
Initial impacts
- Oil prices Down
Secondary impacts
- Energy -1.0%
- Industrials +0.2%
- Consumer Services +0.2%
Portfolio impact
S&P 500-0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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