Just released! European Refining & Petrochemical Market Outlook 2021
This report includes exclusive in-depth commentary, analysis, charts and graphs showing key pricing and broader market trends.
Download your copy for our experienced market editors' insights on what 2021 has in store for European refineries and prices on crude oil, carbon, jet fuel, sustainable aviation fuel, diesel, VLSFO, gasoline, naphtha, LPG, olefins and aromatics.
Key takeaways include:
- U.K. refinery turnarounds in stark contrast with rising European supply
- VLSFO seen as bunker fuel of choice
- Impact of rising Asia capacity on European aromatics markets
- Headwinds for naphtha facing gasoline blending demand
- How EU climate legislation will shore up carbon prices
- No quick fix for struggling jet fuel market as Europe demand seen 30% lower on year
- Structural changes are underway in the diesel market while import/export flows flip
- No instant panacea seen for ailing gasoline demand
- Crude’s trajectory this year as the markets battle with faltering demand, vaccine rollouts
- Mandatory sustainable aviation fuel mandates this year for 2026 rollout