Insight
What's driving recent gasoline weakness?
Report summary
October saw Brent FCC gross refining margins fall to -$0.32/bbl as a number of bearish factors created the perfect storm for gasoline weakness globally. Since the summer we've seen stubbornly high gasoline yields, growing stocks and weaker demand, pressurising gasoline economics. The clouds have now parted and weekly reported Brent FCC gross margins have recovered to above seasonal average levels. It's important to understand the cause of this recent weakness and if it will return.
Table of contents
- Asia Pacific: Supply increases outweigh slowing demand
- United States: Gasoline yields struggle to fall below the five-year average
- Europe: Refinery runs pressured by lack of export options
- Margins have recovered but will this last?
Tables and charts
This report includes 1 images and tables including:
- Brent FCC weekly gross refining margin
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
LNG short-term analytics: Data download
Weekly updated data download for LNG Short-Term Analytics Service
$4,000
Commodity Market Report
Global noble steel alloys strategic planning outlook - Q1 2024
The latest noble steel alloys strategic planning outlook forecasts global supply, demand and prices for molybdenum, vanadium and niobium.
$10,000
Commodity Market Report
Thailand retail fuels long-term outlook
Thailand’s domestic road fuel consumption market is the third largest in Southeast Asia at around 30 billion litres
$4,750