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Downstream oil refining reports
Saudi's face-off for crude market share in Asia
Saudi Arabia has so far been able to defend its market in Asia, a region which provides the highest netback for its crude. The stakes remain high t...
Shell streamlines its retail business – which markets is it saying goodbye to?
Shell, the oil major with the largest global branded retail footprint, has been expanding its network heavily over the past decade. However, Shell ...
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 implications of the EU ban on Russian distillate exports
The EU embargo which took effect in December 2022 for crude oil will include refined products from February 2023. Crude trade flows have already re...
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 ...
Tightening of policies: China's rising control over its oil market
China’s 5-year long-term plan outlines the country’s aim to move towards high-quality growth instead of high-quantity growth, to reduce energy inte...
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