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Wednesday, October 21, 2026Updated 22:33 UTC

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Morgan Stanley: Global Fuel Market Will Stay Tight Through Mid-2027

Source: OilPrice.com · Oct 21, 2026 11:30 UTC

Oil refinery towers and pipes with a city skyline in the distance — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Global fuel markets are set to remain tight until at least the middle of next year as the second quarter of 2027 will see unusually high planned maintenance that refiners have deferred from this year, Morgan Stanley analysts say. Planned maintenance at refineries worldwide is set to peak at 3.4 million barrels per day (bpd) in the second quarter of 2027, as many facilities will be overdue for main

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