Commodity market report
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64 Pages

United Kingdom downstream oil long-term outlook 2016

United Kingdom downstream oil long-term outlook 2016

Report summary

With the closure of the Milford Haven Refinery in 2014 the UK is now a net importer of oil products, although it continues to produce surplus gasoline. The integrated downstream business model no longer exists in the country, with the last fully integrated player, ExxonMobil divesting all its company-operated networks in 2015. The dealer-owned retail sector is becoming dominated by large groups, purchasing sites that oil companies divested, such that over 20% are now owned by the four largest players.

What's included?

This report includes 1 file(s)

  • United Kingdom downstream oil long-term outlook 2016 PDF - 998.03 KB 64 Pages, 24 Tables, 22 Figures


The long-term outlook for the fuels marketing sector is influenced by many factors: oil product demand, the market structure, key companies and downstream infrastructure developments to name a few.

This long-term outlook report provides a country update of demand trends and an assessment of the key players and assets serving the market.

The report is based on in-depth research about oil product demand, individual market participants and assets and helps downstream operators, traders and financial institutions determine product trading strategies, optimise their assets and identify attractive investment opportunities.

With over 20 years of experience in the refining industry, Wood Mackenzie is a trusted global leader with a reputation for producing consistently reliable information. Our senior analysts are based in the markets they analyse. They use detailed research data to forecast, benchmark and recognise trends that will help both new and existing participants identify opportunities and avoid risks.

  • Executive summary
    • Market drivers
    • Outlook
  • Demand
    • Gasoline
    • Jet kerosene
    • Gas/diesel oil
    • Fuel oil
  • Policy and regulation
    • Regulatory issues
    • Product quality
  • Trade
  • Key companies
    • Structure of the oil products market
    • Company positions in the UK
      • BP
      • ExxonMobil
      • Shell
      • Total
      • Valero
      • Phillips 66
      • Murco
  • Market structure
    • Fuels retailing
      • Volumes
      • Overall network development
      • Hypermarket fuel outlets
      • International oil companies
      • Independent groups
      • Network efficiency
      • Performance pacesetters in the retail market
      • Non-fuel retailing
    • Commercial fuels
      • Motor fuels (gasoline and diesel)
      • Industrial/domestic gas oil
      • Aviation kerosene
        • Fuel supplier to the UK's main airports
      • Heavy fuel oil
      • Marine bunkers
      • LPG
      • Lubricants
      • Bitumen
  • Margins
    • Key issues influencing gross fuel margins
    • Key issues influencing net profitability
      • Retail fuels marketing
      • Commercial fuels marketing
    • Marketing gross fuel margins
    • Marketing net profitability
  • Infrastructure
    • Distribution of oil products
      • United Kingdom Oil Pipelines Ltd (UKOP)
      • Mainline and Esso pipeline system
      • CLH pipeline system (former Government pipeline and storage system - GPSS)
      • Fina Line
      • Manchester Jetline System (MJL)
      • Grangemouth - Finnart
    • Oil product storage infrastructure
      • Independent petroleum product storage
        • Independent storage facilities
        • Crude delivery
        • Country crude slate overview
          • Crude input slate - 2015
        • Refining overview
          • Lindsey oil refinery profile
          • Pembroke refinery profile
          • Stanlow refinery profile

In this report there are 46 tables or charts, including:

  • Executive summary
  • Demand
    • Key demand indicators
    • Total demand
    • Annual demand change
    • Demand by product
    • Demand by sector
    • Car parc by fuel type
    • Gas/diesel oil demand by sector
    • Fuel oil demand by sector
    • Demand forecast (kt)
  • Policy and regulation
  • Trade
    • Trade balance 2009 - 2015
    • Key trading countries/regions 2015
    • Gasoline trade
    • Trade: Table 1
    • Jet/Kero trade
    • Trade: Table 2
    • Diesel/Gasoil trade
    • Trade: Table 3
    • Fuel oil trade
    • Trade: Table 4
  • Key companies
    • Estimated overall shares of UK oil products market - 2015
  • Market structure
    • Retail fuel volumes
    • Market structure: Table 1
    • Retail outlets by brand
    • Network breakdown of key players
    • Market shares
    • Network size and throughput per site
    • Network effectiveness ratio: ratio of share of fuel sales to share of sites
    • Commercial diesel volumes
    • Market structure: Table 5
  • Margins
    • Gross fuel margins parameters
    • Estimated average UK retail fuels marketing costs
    • Main products: monthly unit gross margins 2010 - 2015
    • Main products: annual average unit gross margins - historic and forecast
    • Forecast unit net margins
  • Infrastructure
    • Storage and distribution infrastructure
    • Means of primary distribution
    • Infrastructure: Table 1
    • Pipeline capacity and ownership
    • Infrastructure: Image 3
    • Infrastructure: Table 3
    • Fawley refinery profile
    • Grangemouth refinery profile
    • Infrastructure: Table 6
    • Infrastructure: Table 7
    • Infrastructure: Table 8
    • Infrastructure: Table 9
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