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Downstream oil in brief: what role will digitalisation play in the future of fuels retail?

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14 February 2020

Downstream oil in brief: what role will digitalisation play in the future of fuels retail?

Report summary

As the demand for traditional carbon-based road fuels declines, particularly in more mature economies, there will be increasing pressure on forecourt operators to adapt their business model to remain profitable. Fuel retailers will need to change to reflect the new reality which sees the rise of alternative fuels, electrification, automation, shared mobility and new vehicle ownership models. This has accelerated in recent years due to rises in technology, increasing consumer pressure and more stringent regulation aimed at decarbonising the transport sector. Going forward, forecourts will undergo a digital makeover which will see them connect to both consumers and vehicles.

Table of contents

  • Automation is already making forecourt transactions quicker, but there is more to do
  • Shared mobility will see the rise of loyalty schemes with the car, not the customer
  • Connected cars are to become the norm, and autonomous vehicles could shortly follow
  • Summary
  • Brent FCC margins rebound as gasoline prices strengthen despite oversupplied market as the shift to 0.5%S IMO compliant fuels makes an impact
  • Retail prices jump 2% despite wholesale price cuts - providing margin boost to retailers across Europe

Tables and charts

This report includes 9 images and tables including:

  • NWE refining margins
  • NWE fuel oil crack
  • MED refining margins
  • MED fuel oil crack
  • Gross marketing margins January 2020
  • Belgium gasoline gross marketing margins
  • Belgium diesel gross marketing margins
  • Portugal gasoline gross marketing margins
  • Portugal diesel gross marketing margins

What's included

This report contains:

  • Document

    Downstream oil in brief: what role will digitalisation play in the future of fuels retail?

    PDF 1.02 MB