Insight
Downstream oil in brief: why is the UK introducing E10 gasoline?
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The UK's move to replace E5 with E10 as the standard gasoline grade will benefit fuel suppliers as it will help them meet their biofuel blending obligations. In contrast, it is likely to have a negative impact on consumers who will see a small increase in pump prices and a slight decrease in vehicle efficiency. Over the course of the next decade, we expect E10 to become the standard grade of gasoline in most European countries to meet increasingly stringent environmental legislation. However, those markets with energy-based targets will be less reliant on bioethanol to meet the target and will have a greater focus on HVO.
Table of contents
- Why the change?
- What impact will it have?
- Conclusion
- European retail gross margins fall slightly in February as crude prices strengthen
- Northwest European margins fall in February and there remains uncertainty over European demand this summer
Tables and charts
This report includes the following images and tables:
-
Main products: monthly gross marginsItaly gasoline gross retail marginNetherlands gasoline gross retail margins
-
Italy diesel gross retail marginNetherlands diesel gross retail marginsNWE refining marginsMED refining marginsNWE gasoline/gas oil crack spreadsMED gasoline/gas oil crack spreads
What's included
This report contains:
Other reports you may be interested in
Asset Report
Culzean
The Culzean ultra high temperature/high pressure (uHP/HT) gas and condensate field is the largest gas producer in the UK North Sea and ...
$6,900
Insight
Contrasting Futures: Japan vs South Korea in Refining and Chemicals
Parallel challenges, divergent outcomes — the strategies shaping Japan and South Korea refining and chemical sectors
$900
Insight
Scope 3 emissions: the growing regulatory and legal risks facing the UK North Sea
UK operators set to face a higher regulatory threshold on Scope 3 than any other country
$1,350
