Insight
Europe downstream oil in brief January 2018
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Our North West Europe Brent and Med Urals FCC gross refining margins fell sharply in December as high levels of product output coincided with the seasonal lull in demand. Margins were further undermined by a steep increase in crude prices reflecting tighter crude supply. Overall European retail fuel gross margins for gasoline and diesel were lower and flat respectively on a volume-weighted average basis. Despite lower wholesale prices, Gasoline margins were weaker, as retailers were forced to reduce pump prices amidst competitive pressures. Although diesel wholesale prices increased in December, margins remained flat on an aggregated basis, largely due to price support at the pump.
Table of contents
-
Margins
- Refining margins
- Fuels marketing margins
Tables and charts
This report includes the following images and tables:
-
Med refining marginsNWE refining marginsNWE gasoline/gasoil crack spreads
-
MED gasoline/gasoil crack spreadsMonth average gross margins - December 2017Germany gross marketing marginsFrance gross marketing marginsUnited Kingdom gross marketing marginsSpain gross marketing marginsRecent transactions
What's included
This report contains:
Other reports you may be interested in
Insight
Europe downstream oil in brief: EG Group enters the US retail fuel market in pioneering move
The EG group made a pioneering move into the US fuel market. European refining and fuels marketing margins fell sharply in January
$900
Insight
Europe downstream oil in brief: Exxon's Italian balancing act
ExxonMobil to sell its Augusta refinery in Italy to Algerian state-owned oil firm Sonatrach
$900
Insight
Europe downstream oil in brief: United Kingdom downstream oil import infrastructure focus
Infrastructure investment in the UK downstream oil sector has focused on increasing the capability to receive and discharge larger vessels
$900
