Our benchmarking refining margins decreased sharply increased in Europe in July with the exception of Urals hydroskimming. Wholesale gasoline prices decreased by 13% whereas diesel prices decreased by 9% in July. Gross margins across different markets were determined by the degree of how much the pump prices changes followed the wholesale price changes. Gasoline and diesel marketing margins increased across most of the markets surveyed.
This report includes 2 file(s)
Europe downstream oil short-term outlook August 2016 PDF - 371.67 KB 10 Pages, 5 Tables, 8 Figures
Refining Margins August 2016.xls XLS - 281.50 KB
The downstream short-term outlook for the fuels marketing sector is influenced by many factors: oil product demand and supply, the market structure and the dynamic relationship between wholesale and retail pump prices for refined oil products in various markets.
This Europe downstream short-term outlook report provides an update of demand trends, refining margins, fuels marketing margins and recent European fuels marketing transactions.
The report is based on in-depth research about oil product demand, prices, margins and assets in various European markets and helps downstream operators, traders and financial institutions determine product trading strategies, benchmark their assets and identify attractive investment opportunities.
With over 20 years of experience in the refining industry, Wood Mackenzie is a trusted global leader with a reputation for producing consistently reliable information. Our senior analysts are based in the markets they analyse. They use detailed research data to forecast, benchmark and recognise trends that will help both new and existing participants identify opportunities and avoid risks.
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Commodity market report | Aug 2016
Europe downstream oil short-term outlook August 2016
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