Browse our downstream oil refining reports
Gain an integrated understanding of the long-term development of petroleum markets with asset, country and regional level insights across oil, NGLs and refining.
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Downstream oil refining reports
Europe product markets short-term outlook April 2021
This monthly update incorporates price forecasts and differentials, crude runs, refining margins and product-by-product supply-demand balances thro...
Europe product markets short-term outlook September 2017
This monthly update incorporates price forecasts and differentials, crude runs, refining margins and product-by-product supply-demand balances thro...
European biofuels: the growing challenge of sourcing sustainable feedstocks
The European Renewable Energy Directive requires an increasing share of renewable fuel in the European transport sector over the next decade. Many ...
European CBAM - Implications for global refining
The EU reached a provisional agreement on a first-of-its-kind Carbon Border Adjustment Mechanism (CBAM) in December 2022. The CBAM is part of the ‘...
"Whack a short" drives refining margins to record levels. How long do high refining margins last?
Strong demand recovery, pandemic driven refinery closures, China’s export policies and the Russia/Ukraine conflict have resulted in low inventories...
2015 Global Refinery Net Cash Margin Review
Wood Mackenzie’s analysis for 2015 shows Global Net Cash Margins (NCM) increased by almost 50% from 2014 levels, as falling crude prices , increase...
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