Possible scenario
WAF Clears Cheaper
30% Chance
West African producers accept that Asian demand has weakened and that freight economics are working against long-haul cargoes. Nigerian and Angolan differentials fall far enough to attract opportunistic refiners in Europe and India.
Initial impacts
- Oil prices Down
Secondary impacts
- Energy -0.4%
Tickers
- TTE-0.4%
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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