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Downstream oil refining reports
Downstream oil in brief: IOCs expand retail networks in emerging markets
As demand for road transport fuels has already peaked in many European markets, oil majors are increasingly looking to extract revenue elsewhere. A...
The implications of the EU ban on Russian distillate exports
The EU embargo which took effect in December 2022 for crude oil will include refined products from February 2023. Crude trade flows have already re...
Saudi Aramco increases its stake in China’s Downstream Value Chain - more to come?
Saudi Aramco recently announced two major downstream deals to expand its presence in China. The company agreed to acquire a 10% interest in Rongshe...
Middle East product markets short-term outlook August 2021
This monthly update incorporates price forecasts and differentials, crude runs, refining margins and product-by-product supply-demand balances thro...
Saudis signal quick production recovery following drone attacks: Can refineries follow suit?
Overnight attacks on the 14th of September directly impacted operations at Saudi Aramco’s Abqaiq and Khurais processing plants but the impact is al...
Decarbonising commercial road transport - outlook for low carbon freight in Europe
Sales of commercial EVs have risen steadily in Europe over the past three years but are still heavily skewed towards small vans with a gross weight...
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