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Downstream oil refining reports
The conundrum of gasoline prices in Mexico: high but not high enough
The gasoline market in Mexico needs higher prices to make imports from the US profitable along the supply chain. But if prices increase too much, t...
The outlook for US transport fuels: a bumpy road ahead?
Wood Mackenzie presented our view on US transport fuels at a recent industry event in San Antonio, TX on March 20-21, 2017. The presentation covere...
Surging RIN prices and an uncertain future
The United States Renewable Fuel Standard (RFS) has garnered more headlines in 2021 than any year since 2013 when the program was at a pivotal cros...
Three reasons why European oil demand will decline again from 2017
European oil demand fell every year between 2006 and 2014, dropping by a total of 2.5 million b/d as high oil prices coupled with a flagging econom...
Tight margins and overcapacity limit the growth of China's teapot refiners
With the increase in teapot refiners utilisation rate and slower oil demand growth in China, the need for new refining capacity to meet domestic de...
Vitol acquires stake in Sarroch Saras; which EU refinery transactions could be next?
On 11th February 2024, Saras shareholders entered into a sale and purchase agreement with Vitol B.V. for approximately 35% share of Saras. Saras ow...
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