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Retail fuels in brief: BP expands its retail footprint in the US
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
BP has acquired TravelCenters of America (TCA) in its latest push towards retail expansion, with around 280 service stations for USD 1.3 billion. The European Oil Major not just re-entered the fully owned and operated US store business in 2021 but has been actively expanding ever since. In our report, we examine the reasons behind major companies' interest in the US retail market, the competitive position of the TCA network, and how truck refuelling fits into BP's strategy.
Table of contents
- Retailers struggling with low margins
- Low returns and a negative outlook for fuel demand - what is it in for the Majors?
- Conclusion
Tables and charts
This report includes the following images and tables:
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United States heavy truck sales forecast by powertrainWeighted average European gasoline retail priceWeighted average European diesel retail price
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Italy monthly average gasoline pricesUK monthly average gasoline pricesItaly monthly average diesel pricesUK monthly average diesel pricesWeighted average European gasoline gross retail marginsWeighted average European diesel gross retail marginsItaly gasoline gross retail marginsUK gasoline gross retail marginsItaly diesel gross retail margins
- 1 more item(s)...
What's included
This report contains:
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