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China's current crude stockpiling support to the oil market is set to fade
China's historical surge in oil demand has spurred major investments in refining and storage infrastructure. However, a structural shift is underwa...
Implications of our tariff scenarios for oil and refining
The oil market is contending with uncertainty over tariffs. Our 26 May 2025 Horizon report, Trading cases: tariff scenarios for taxing times, prese...
Strait of Hormuz: assessing the risk for oil trade flows
The ongoing Israel-Iran conflict brings back a focus on the Strait of Hormuz as a key conduit for oil trade. From an oil market point of view, a ke...
Hungary retail fuels long-term outlook
Hungary is a mature market for oil products, where a relatively low penetration of electric vehicles (EVs) supports gasoline and diesel consumption...
NEP technology deployment will shift future commodity chemical markets
Honeywell UOP's Naphtha to Ethane/Propane (NEP) technology offers a more attractive investment route for ethylene production. Its key advantages in...
Canada's Scotford leads on large scale CCS deployment in refining
The Scotford Quest CCS facility, located at Shell’s bitumen upgrader, is one of the few large-scale CCS operations in North America that has been c...
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