Commodity market report

Europe downstream oil short-term outlook September 2016

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Report summary

With the exception of Azeri hydroskimming all European margins were stronger or flat in August versus the previous month. Wholesale gasoline prices increased by 3% whereas diesel prices increased by 1% in August.After July's record high levels gross margins for gasoline and diesel decreased across all the European markets surveyed.

What's included

This report contains

  • Document

    Refining Margins Septmember 2016.xls

    XLS 288.00 KB

  • Document

    Europe downstream oil short-term outlook September 2016

    PDF 365.89 KB

  • Document

    Europe downstream oil short-term outlook September 2016

    ZIP 493.19 KB

Table of contents

  • Executive summary
  • Margins
  • Demand
  • Key companies

Tables and charts

This report includes 13 images and tables including:


  • EU passenger car registrations 2014 - 2016
  • Germany heating oil stocks, percent fill rate
  • Jet/diesel versus gas oil
  • Fuel oil crack spread
  • Germany gross marketing margins
  • United Kingdom gross marketing margins
  • Spain gross marketing margins
  • Italy gross marketing margins


  • Oil products demand in major European markets
  • Month average refining margins
  • Month average gross margins - August 2016
  • Month average net margins - August 2016
  • Key companies: Table 1

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