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Refining and chemicals integration – a necessity or a choice?
Refiners need to explore ways to mitigate the slowing growth in demand from transport and look at aligning their production in generating feedstock...
Regulatory clouds darken a bright outlook for refining
Since the dizzy heights of 2015, refining margins have remained strong but for how much longer will this continue? Although post 2020 annual refine...
Russian VGO - what happens when the flow to Europe stops?
February 2023 will see European refiners lose their primary source of VGO imports as the EU's sixth sanctions package against Russia comes into for...
Saudi Arabia’s crude burn to weaken in summer 2024
Saudi Arabia typically burns over 0.5 million b/d of crude oil for power generation. Oil burn is highly seasonal in Saudi Arabia, peaking in the su...
Saudi July 2020 Official Selling Prices (OSPs) - Asian refiners won't be happy
Saudi Arabia is returning to the strategy developed during previous production cuts; raising OSPs alongside with production cuts to maximise its to...
Saudi June 2020 Official Selling Prices (OSPs) – Are we getting back to normal?
By keeping Asian OSPs at deep discounts to benchmark, Saudi Aramco remains focused on ensuring that its crude oil remains very competitive in Asia,...
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