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Downstream oil refining reports
Russian VGO - what happens when the flow to Europe stops?
February 2023 will see European refiners lose their primary source of VGO imports as the EU's sixth sanctions package against Russia comes into for...
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...
Refinery emissions: implications of carbon tax and mitigation options
The threat of refinery closures will emerge from a combination of two factors: decline in transport fuel demand and implementation of a carbon tax ...
Refinery of the future: Does Shell have the winning formula?
European refiners have been given a glimpse of the upcoming energy transition as the covid-19 pandemic destroyed transport fuel demand. Despite the...
Regional product markets short-term outlook April 2021
This update incorporates all of the regional crude runs and product-by-product supply-demand balances through to end-2022 on a regional level. Exte...
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