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4 Pages

Brexit: Implications for downstream oil markets

Brexit: Implications for downstream oil markets

Report summary

We consider the consequences of Brexit on European refiners and oil product markets over the next two years. The impact on European oil demand is expected to be greatest in relation to transport fuels. The UK refinery sector is unlikely to experience much impact in the short term. Longer term, there could be an impact in terms of compliance with EU directives and the impact from a re-introduction of trade levies.

What's included?

This report includes 1 file(s)

  • Brexit: Implications for downstream oil markets PDF - 259.24 KB 4 Pages, 0 Tables, 3 Figures


This Refining and Oil Products Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an alternative point of view to help inform your decision making.

With over 20 years of experience in the refining industry, Wood Mackenzie is a trusted global leader with a reputation for producing consistently reliable information.

Our senior analysts are based in the markets they analyse. They use detailed research data to forecast, benchmark and recognise trends that will help both new and existing participants identify opportunities and avoid risks.

  • Summary
    • Impact on our economic outlook
    • Impact on oil demand
    • Impact on the refining sector

In this report there are 3 tables or charts, including:

  • Summary
    • Impact of Brexit on price of UK road fuels
    • Impact on UK GDP and Oil Demand in 2017
    • UK and European oil demand in global context (million b/d)
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