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
Global product markets short-term outlook November 2021
This monthly update incorporates four global commodity market reports; Global refining, Global light ends & gasoline, Global middle distillate, and...
Global product markets short-term outlook September 2022
This monthly update incorporates four global commodity market reports; Global refining, Global light ends & gasoline, Global middle distillate, and...
Global refinery closure threat update – 1 in 20 at high risk (full data access)
The impact of Covid-19 pandemic on oil demand and refining margins resulted in a tidal wave of industry rationalisation. While we expect refining m...
Global refinery closure threat update 2023
In a post-covid environment, the refining margins are expected to be healthy but the risk of refinery closure is still pertinent. Site rationalisat...
"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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