Insight
Downstream oil in brief: was 2020 the ultimate test for fuel retailers?
Report summary
As sales of road transport fuel plummeted in 2020 due to travel restrictions, fuel retailers have seen increasing demand for non-fuel products as consumers stocked up with groceries at nearby forecourts. Oil Majors including BP, Shell and Total are all counting on higher profits from sales of groceries and food-to-go at their retail networks in the future as demand for traditional carbon-based fuel declines.
Table of contents
- Moving sales online for further success
- Plugging shortfalls in fuel sales with non-fuel
- Conclusion
- Refining margins weaken as lockdown restrictions tighten across Europe
- Marketing margins
Tables and charts
This report includes 9 images and tables including:
- NWE refining margins
- NWE gasoil/gasoline crack spreads
- MED refining margins
- MED gasoline/gasoil crack spreads
- Gross marketing margins November 2020
- France gasoline gross marketing margins
- France diesel gross marketing margins
- UK gasoline gross retail margins
- UK diesel gross marketing margins
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
France downstream oil long-term outlook
France's retail fuels market is highly competitive, with hypermarkets exerting downward pressure on margins by selling fuel at a discount.
$6,750
Commodity Market Report
India retail fuels long-term outlook
India is set to overtake China as the world’s largest refined oil product demand growth centre post-2025
$4,750
Insight
Long-term Brent price increased to US$65/bbl – oil and gas price assumptions versus forecasts
Defining our price assumptions and methodology, their use in our tools and services, and why these are independent of our price forecasts.
$1,350