Insight
Downstream oil in brief: will European transport fuel demand recover this summer?
Report summary
The coronavirus pandemic and associated restrictions on movement have negatively impacted transport fuel demand for more than a year. The oil industry has been hoping that the upcoming summer will be the turning point for demand recovery. Although the pace of recovery will vary by country and depend on how the virus is contained. Jet fuel demand recovery is set to lag that of road fuel as there is greater uncertainty over international travel.
Table of contents
- Different countries will have varying recovery trajectories
- Holidaying close to home will boost the summer driving season
- Variants and slow vaccine rollout could still hamper jet fuel demand recovery
- Summary
- European retail gross margins strengthen marginally in March as crude prices strengthen
- Northwest European strengthen in March and refinery runs are set to rise in the coming months
Tables and charts
This report includes 14 images and tables including:
- UK gasoline demand
- UK diesel demand
- France gasoline demand
- France diesel demand
- OECD Europe jet fuel demand
- Main products: monthly unit gross margins
- Turkey gasoline gross retail margin
- UK gasoline gross retail margin
- Turkey diesel gross retail margin
- UK diesel gross retail margin
- NWE refining margins
- MED refining margins
- NWE gasoline/gas oil crack spreads
- MED gasoline/gas oil crack spreads
What's included
This report contains:
Other reports you may be interested in
Insight
Gelsenkirchen - shrink to survive?
bp's Gelsenkirchen refinery is set to reduce its crude processing from 2025
$900
Commodity Market Report
Sweden retail fuels long-term outlook
Government policies have seen Sweden slashing biofuel blending requirements until 2026.
$4,750
Commodity Market Report
Indonesia retail fuels long-term outlook
Indonesia is the largest road transport fuel market in Southeast Asia and the passenger car fleet is forecast to more than triple by 2050
$4,750
