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Downstream oil refining reports
Asia product markets short-term outlook March 2023
This monthly update incorporates price forecasts and differentials, crude runs, refining margins and product-by-product supply-demand balances now ...
What happens when US oil production recovers?
Since the advent of the shale boom many US refiners have benefitted from access to discounted tight oil. But, as production declined in 2016 differ...
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...
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 ...
IMO 2020 regulation poses little risk to Singapore's bunkering hub status
The International Maritime Organization (IMO) has set a global cap of 0.5% sulphur in all bunker fuels starting January 2020. While this poses chal...
Where will Russia's remaining heavy oil products go?
Refinery upgrade projects are reducing Russian heavy product output while this is being amplified by the tax manoeuvre policy that entered its fina...
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