Europe downstream oil in brief: trade spurs storage investment Report

Insight 25 September 2018

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Report summary

The oil storage industry is critical to ensuring the European oil product market can rectify its persistent product surplus and deficit positions. These growing imbalances will continue to drive demand for oil storage and subsequent investment in the sector. As such, we expect to see increasing levels of competition, particularly in the ARA region, as businesses look to better position themselves for the future and maximise returns. Our benchmark European retail gross fuel margins decreased again in August, for both diesel and gasoline, on the back of elevated wholesale prices.

European oil product storage: betting on a buoyant trade outlook
Margins
- Refining margins
- Fuels marketingmargins