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Turbulence ahead: Impact of jet demand on refining margins
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
As the aviation industry faces a widespread shutdown over the coronavirus outbreak, passenger airlines have cut down flight schedules significantly, leading to a coordinated drop of jet demand across the world. Using Wood Mackenzie’s proprietary Refinery Supply Model, we analyse the impact of a global jet demand drop of 20% from 2019 levels to understand the effect on both margins and utilization rates across the global refining system.
Table of contents
- Impact of jet demand weakness
- Impact of jet demand recovery
- Conclusion:
Tables and charts
This report includes the following images and tables:
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Margin and utilization prior to jet demand decreaseRefinery utilization and margin impacts from decreased jet demand vs 2019Refinery utilization and margin impacts from increased jet demand vs 2019
What's included
This report contains:
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