Insight
EU sanctions support European refining margins
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Exports of crude oil from Russia are continuing although they are being increasingly diverted to Asia, primarily India. Distillate exports to Europe are now starting to decline as EU restrictions come into force, but volumes are being diverted to Africa, supported by a widening discount for Russian origin cargoes. Into this mix, the EU has proposed a ban on the import of Russia crude oil and products within six months and by end-year respectively. Negotiations are ongoing as Hungary rejected the proposal in its original form. Read our Insight to find out: • What the ban would mean for crude and product markets. • How export routes will diversify • Extent of oil and refined product market rebalancing • Refining implications
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Navigating EU CBAM: regulatory framework, compliance toolkit, and exposure assessment
A centralized reference and decision-support resource that brings together everything you need to understand, plan for, and respond to CBAM
$1,250
Insight
Porthos – Rotterdam’s refining saviour?
We study how CCS can positively impact the northwest European refining industry by assessing the Porthos CCS project.
$900
Insight
Economics of CCS in Refining - Singapore case study
Understanding the CCS puzzle for refining
$1,350
