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Europe downstream oil month in brief: ExxonMobil and MOL divest fuel retail networks in Italy

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28 June 2017

Europe downstream oil month in brief: ExxonMobil and MOL divest fuel retail networks in Italy

Report summary

The Intervias Group announced the acquisition of 1,176 Esso service stations from ExxonMobil across several regions in Italy. Also in Italy, the MOL Group has sold 46 IES branded service stations to Tamoil Italia. In Turkey, Turkuaz Petrol secured the winning bid for the entire share capital of state-owned Türkiye Petrolleri Petrol Dagitim AS for TL 490 million. Our European benchmark refining margins fell in May, remaining above the five year average. Crack spreads weakened for diesel and gasoline in line with a seasonal dip in demand and refinery maintenance. Average European fuel retail margins recovered in May as declines in wholesale product prices outweighed lower pump prices across most markets. Several countries recorded their lowest average monthly pump prices year-to-date for gasoline and diesel in May.

Table of contents

Tables and charts

This report includes 18 images and tables including:

  • NWE jet/diesel versus gasoil
  • Med jet/diesel versus gasoil
  • NWE fuel oil crack spread
  • Med fuel oil crack spread
  • Italy retail network and average site throughputs
  • Italy retail fuel demand outlook
  • NWE refining margins
  • Med refining margins
  • NWE gasoline/gasoil crack spreads
  • Med gasoline/gasoil crack spreads
  • Month average gross margins - May 2017
  • Month average net margins - May 2017
  • Germany gross marketing margins
  • United Kingdom gross marketing margins
  • France gross marketing margins
  • Italy gross marketing margins
  • Europe downstream oil month in brief: ExxonMobil and MOL divest fuel retail networks in Italy: Table 3
  • Europe downstream oil month in brief: ExxonMobil and MOL divest fuel retail networks in Italy: Table 4

What's included

This report contains:

  • Document

    Refining Margins.xls

    XLS 306.00 KB

  • Document

    Europe downstream oil month in brief: ExxonMobil and MOL divest fuel retail networks in Italy

    PDF 437.51 KB

  • Document

    Europe downstream oil month in brief: ExxonMobil and MOL divest fuel retail networks in Italy

    ZIP 565.01 KB

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