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Low oil price triggers China’s US$40/bbl floor policy – what does it mean for refiners?
Since the breakup of the OPEC+ production cut agreement on 6 March, Crude oil prices have collapsed once again to below US$30/bbl. China’s US$40/bb...
Lower 48 H2 2019 supply: a self-correcting market
The boom years for Lower 48 production growth are behind us. Investor pressure and reduced budgets are taking near term volumes out of the market. ...
Retail fuels in brief: could high oil prices end fuel subsidies in Africa?
Consumers across Africa, particularly those in oil import-dependent nations, continue to grapple with a high cost of living and rising fuel prices ...
Retail fuels in brief: how are low Rhine water levels impacting retail markets?
The extreme increase in distribution costs has yet to push retail pump prices higher in Germany as prices remain at record levels across Europe. In...
Retail fuels in brief: how are rising electricity costs impacting EV drivers?
The UK is to increase electricity prices from October in line with the increase in wholesale gas prices caused by the Russian invasion of Ukraine a...
Retail fuels in brief: Shell adapts its hydrogen refuelling station strategy
Shell decided to shut its small UK network of three hydrogen refuelling sites entirely in October 2022. The stations were initially designed to ser...
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