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 12 images and tables including:

  • Weighted average European retail gasoline price
  • Weighted average European retail diesel price
  • France average retail gasoline price
  • France average retail diesel price
  • Netherlands average retail gasoline price
  • Netherlands average retail diesel price
  • Weighted average European gasoline retail margins
  • Weighted average European diesel retail margins
  • France gasoline gross retail margins
  • France diesel gross retail margins
  • Netherlands gasoline gross retail margins
  • Netherlands diesel gross retail margins

What's included

This report contains:

  • Document

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

    PDF 1.00 MB