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Downstream oil in brief: will high pump prices impact demand?

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European retail fuel prices have hit record highs in the past two months on the back of rising crude prices as a fallout of the situation in Ukraine. Many governments have introduced tax cuts in an effort to curb the spike in prices. Despite these attempts, we expect retail prices will continue to remain elevated throughout 2022. What impact will sustained high fuel prices have on road fuel demand?

Table of contents

  • So what impact will high prices have on retail fuel demand?

Tables and charts

This report includes the following images and tables:

  • Percentage variation in German road fuel sales driven by GDP and price
  • Hungary retail gasoline price
  • Germany retail gasoline price
  • Hungary retail diesel price
  • Germany retail diesel price
  • Hungary gasoline gross retail margins
  • Germany gasoline gross retail margins
  • Hungary diesel gross retail margins
  • Germany diesel gross retail margins

What's included

This report contains:

  • Document

    Downstream oil in brief: will high pump prices impact demand?

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