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Where will Russia's remaining heavy oil products go?
Refinery upgrade projects are reducing Russian heavy product output while this is being amplified by the tax manoeuvre policy that entered its fina...
Why is jet fuel not back to 2019 levels?
Asia accounts for the largest jet fuel market globally, but recovery is lagging in 2023, especially in China. The slowdown in China's economy resul...
Will Asia Pacific see an HVO rush?
In this insight, we explore the opportunities and challenges for HVO in Asia Pacific. • What is HVO and why is it gaining importance? • Many countr...
Will refinery rationalization continue at the US Gulf Coast despite global capacity crunch?
2022 has brought record profits to the refining industry, with particularly advantageous market conditions for US refiners less exposed to escalati...
Will the latest subsidy reduction scale back China’s EV market?
On March 26, 2019, China announced to halve its purchase subsidy for electric vehicles (EV) based on 2018 level and curb the provincial-level subsi...
Winter is coming: Chicago and New York clean product prices face upside risk
The US is weeks away from the end of peak gasoline demand season. Refineries are gearing up for maintenance and seasonal gasoline demand decline. H...
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