Insight

Retail fuels in brief: ExxonMobil continues to withdraw from fuels retail

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ExxonMobil leaves Thailand’s downstream oil market as it agreed with local refiner Bangchak Corporation to sell its 65.99% stake in Esso Thailand. The deal includes Sriracha refinery, the local Esso service station network, and various pieces of supply infrastructure. ExxonMobil has been divesting its retail assets worldwide for years. But, contrary to most countries the company exited during the last decade, Thailand is still a growing market. In our report, we examine why the Oil Major leaves Thailand and how this fit into its global strategy.

Table of contents

  • Exxon’s aspirations and the divestment of Sriracha
  • Bangchak’s improving market position
  • Conclusion

Tables and charts

This report includes the following images and tables:

    Weighted average European retail gasoline priceWeighted average European retail diesel priceFrance average retail gasoline price
    France average retail diesel priceNetherlands average retail gasoline priceNetherlands average retail diesel priceWeighted average European gasoline retail marginsWeighted average European diesel retail marginsFrance gasoline gross retail marginsFrance diesel gross retail marginsNetherlands gasoline gross retail marginsNetherlands diesel gross retail margins

What's included

This report contains:

  • Document

    Retail fuels in brief: ExxonMobil continues to withdraw from fuels retail

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