Insight
Downstream oil in brief: UK to ban new gasoline and diesel car sales by 2030
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
During 2020 so far, less than 10% of cars sold in the UK have been BEVs. Getting to 100% will require a huge effort across the entire supply chain, as well as ensuring that there is enough fast-charging infrastructure available. Should the legislation be successful, it will only further accelerate the decline for traditional carbon-based road transport fuels. This will prove a challenge for fuel retailers as EV charging beyond major highways and trunk roads is not necessarily well suited to forecourts.
Table of contents
- How will road fuel demand be impacted?
- What challenges will have to be overcome?
- What will this mean for fuel retailers?
- Summary
- Refining margins strengthen in October but set to trend downward through the rest of the year
- Marketing margins remain high as wholesale costs continue to remain weak
Tables and charts
This report includes the following images and tables:
- NWE refining margins
- NWE gasoline/gasoil crack spreads
- Med refining margins
- Med gasoline/gasoil crack spreads
- Main products: monthly gross margins
- Germany gasoline gross retail margin
- Germany diesel gross retail margin
- UK gasoline gross retail margin
- UK diesel gross retail margin
What's included
This report contains:
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