Insight
Brexit: Implications for downstream oil markets
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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.
Table of contents
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Summary
- Impact on our economic outlook
- Impact on oil demand
- Impact on the refining sector
Tables and charts
This report includes the following images and tables:
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Impact of Brexit on price of UK road fuelsImpact on UK GDP and Oil Demand in 2017UK and European oil demand in global context (million b/d)
What's included
This report contains:
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