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Downstream oil refining reports
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 ...
US Product Export Ban: A High Risk Game of Musical Chairs
A US product export ban or product export limit has been proposed at multiple times in 2022 as prices of gasoline reach historical highs in large U...
OPEC cuts to leave Asian refiners in lurch
On November 30th 2016, OPEC agreed to cut production by 1.2 million b/d for the first six months in 2017, with a potential roll-over to the second ...
New refineries to make Iran self-sufficient in gasoline
Under economic sanctions, Iran struggled to meet it’s domestic gasoline demand as imports became more difficult, if not impossible, to source. In o...
Nigeria's downstream comeback - a threat to European refiners?
Despite nearly 450,000 b/d of domestic refining capacity, poor utilisation has left Nigeria reliant on imports to satisfy its gasoline-dominant dem...
Oil product markets 2016 in review: not such a bad year after all
Review of oil product markets and refinery margins in 2016. Most refiners enjoyed a relatively good year in 2016, despite high product stocks and v...
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