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ExxonMobil accelerates the sale of its retail sites in Italy: Europe downstream oil month in brief January 2017
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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.
What's included
This report contains
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 16 images and tables including:
Tables
- Month average gross margins - December 2016
- Month average net margins - December 2016
- ExxonMobil accelerates the sale of its retail sites in Italy: Europe downstream oil month in brief January 2017: Table 3
- ExxonMobil accelerates the sale of its retail sites in Italy: Europe downstream oil month in brief January 2017: Table 4
Images
- NWE jet/diesel versus gasoil
- Med jet/diesel versus gasoil
- NWE fuel oil crack spread
- Med fuel oil crack spread
- NWE refining margins
- Med refining margins
- NWE gasoline/gasoil crack spreads
- Med gasoline/gasoil crack spreads
- Germany gross marketing margins
- United Kingdom gross marketing margins
- France gross marketing margins
- Italy gross marketing margins
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