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Regional product markets short-term outlook December 2022
This update incorporates all of the regional crude runs and product-by-product supply-demand balances through to end-2023 on a regional level. For ...
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...
Petroineos announces Grangemouth refinery closure
On 22 November 2023, Petroineos announced the conversion of Grangemouth, Scotland’s only refinery, to an import terminal. The refinery is expected ...
Tax manoeuvre: turbulence ahead for Russian refining margins?
In this analysis, we analyse the 'tax manoeuvre' in the Russian Federation. This tax reform has the objective of making domestic refineries invest ...
The energy transition’s toll on refining
Slower demand growth and diverging trends between products and between East and West will drive the capacity additions, refinery closures, changes ...
This time is different: India’s second wave impact to oil demand
The current Covid-19 pandemic is spreading through India at a much quicker pace than last year, accounting for almost 50% of global daily cases at ...
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