Name: Europe downstream oil in brief January 2018
Brand: Wood Mackenzie
SKU: 81657
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Author: Wood Mackenzie

Insight 30 January 2018

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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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.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

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        <a href="#bed38334-4c62-47c5-ab74-746441cfca74" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="bed38334-4c62-47c5-ab74-746441cfca74" aria-expanded="false">
            Margins
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        <ul id="bed38334-4c62-47c5-ab74-746441cfca74" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Refining margins
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    <li class="push-quarter--bottom">
        Fuels marketing margins
    </li>

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    </li>

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<h3 class="alpha push-half--bottom">Tables and charts</h3>

<p class="push-half--bottom">This report includes the following images and tables:</p>

<ul class="list list--bullets">
         <li class="list__item push-quarter--bottom">Med refining margins</li><li class="list__item push-quarter--bottom">NWE refining margins</li><li class="list__item push-quarter--bottom">NWE gasoline/gasoil crack spreads</li>
     </ul>
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            View more tables and charts in this report
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        <ul class="list list--bullets panel-toggle" id="de3984c7c13c442888d030203ac5511d">
            <li class="list__item push-quarter--bottom">MED gasoline/gasoil crack spreads</li><li class="list__item push-quarter--bottom">Month average gross margins - December 2017</li><li class="list__item push-quarter--bottom">Germany gross marketing margins</li><li class="list__item push-quarter--bottom">France gross marketing margins</li><li class="list__item push-quarter--bottom">United Kingdom gross marketing margins</li><li class="list__item push-quarter--bottom">Spain gross marketing margins</li><li class="list__item push-quarter--bottom">Recent transactions</li>
        </ul>
        
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<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Refining Margins.xls</p>
<p class="uppercase delta">
    <span>XLS</span>
    <span>320.00 KB</span>
</p>
</li><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Europe downstream oil in brief January 2018</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>336.98 KB</span>
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