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Downstream oil refining reports
Idemitsu leads next wave of refinery closures in Japan?
Idemitsu announced that Yamaguchi refinery will be permanently shut in early 2024. The announcement comes after a string of closures announced in l...
Europe downstream oil month in brief: Retail fuel margins hit by wholesale price rise, despite stronger euro
Our European benchmark refining margins came off slightly in July, after setting new seasonal highs in June. Gasoline crack spreads were weaker acr...
Europe downstream oil month in brief: Spanish fuel retailer DISA acquires high-volume network from GESA Carburantes
The growing Spanish market is attracting investment from independent fuel retailers, as DISA announced the acquisition of 30 high-volume sites from...
Global refinery closure threat update – 1 in 20 at high risk
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 (full data access)
In a post-covid environment, the refining margins are expected to be healthy but the risk of refinery closure is still pertinent. Site rationalisat...
Growth rate for oil products trade through Singapore to halve by 2020
We are forecasting a sharp slowdown in the gross oil products trade through Singapore. Increase in direct trade between long and short markets, byp...
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