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What is the future of refining in China?
During the 14th Five-Year Plan period, China issued many policies on carbon emissions, which will pose considerable challenges to the refining indu...
What's driving recent gasoline weakness?
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 glob...
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...
Which Asian refineries will buckle under margin pressure?
The low-margin environment will put the existence of many weak refineries in Asia at risk. Many refineries will run at lower utilisation rates or c...
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...
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