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Europe downstream oil in brief

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Report summary

Downstream oil international focus: We take a closer look at the opportunities and challenges around fuel price liberalisation in Mexico and Argentina. European fuel retailers responded to a sharp increase in the wholesale cost of gasoline during September by raising prices at the pump to keep margins buoyant. Retail diesel margins came under more pressure however, as pump prices were unable to keep pace with rapidly rising wholesale prices. A stronger euro versus the US dollar provided some support. Our North West Europe (NWE) Brent and Med Urals FCC gross refining margins strengthened in September supported by refinery shutdowns in Europe and the continued impact from Hurricane Harvey striking the US Gulf Coast.

What's included

This report contains

  • Document

    Refining Margins.xls

    XLS 316.00 KB

  • Document

    Europe downstream oil in brief

    ZIP 474.47 KB

  • Document

    Europe downstream oil in brief

    ZIP 474.47 KB

Table of contents

Tables and charts

This report includes 11 images and tables including:

Tables

  • Oil products demand in major European markets
  • Recent transactions
  • Month average gross margins - September 2017

Images

  • Med refining margins
  • NWE refining margins
  • NWE gasoline/gasoil crack spreads
  • Med gasoline/gasoil crack spreads
  • Germany gross marketing margins
  • France gross marketing margins
  • United Kingdom gross marketing margins
  • Spain gross marketing margins

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