Insight
ExxonMobil accelerates the sale of its retail sites in Italy: Europe downstream oil month in brief January 2017
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
ExxonMobil continues to divest its company owned retail sites in Italy in a move to a dealer-wholesale operating model. Although still at the top of the seasonal average, European refining margins and crack spreads weakened compared to the previous month, as wholesale product price increases lagged the increase in benchmark crude prices. The product price increases had a negative effect on average marketing margins across most markets despite gasoline and diesel pump prices moving to a year high.
Table of contents
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Executive summary
- Downstream M&A activity
- Refining and fuels marketing margins
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Margins
- Refining margins
- Marketing Margins
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Demand
- Oil products demand in major European markets
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Recent M&A activity
- Recent transactions
- Appendix
Tables and charts
This report includes the following images and tables:
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NWE jet/diesel versus gasoilMed jet/diesel versus gasoilNWE fuel oil crack spread
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Med fuel oil crack spreadNWE refining marginsMed refining marginsNWE gasoline/gasoil crack spreadsMed gasoline/gasoil crack spreadsMonth average gross margins - December 2016Month average net margins - December 2016Germany gross marketing marginsUnited Kingdom gross marketing margins
- 4 more item(s)...
What's included
This report contains:
