No Margin for Error: Seismic Shifts in the Global Refining Industry
Many important questions are being raising about the outlook for the refining industry, not least due to:
- Product crack spreads returning to within historical norms after several years of extraordinary highs
- New refinery capacity coming on line in the Atlantic basin, increasing product supply in a region where demand has mostly peaked or is declining
- The continued transition towards higher biofuel blends and the electrification of the global passenger fleet accelerating - ahead of bans on the sale of new internal combustion engine vehicles in countries across the globe from 2025 and beyond.
Complete the short form below to read this extensive spotlight report for a deep dive into the global refining, diesel and gasoline markets. Our market experts include recaps of 2024 and valuable forecasts for 2025, to help you inform and plan your strategic efforts in 2025.
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As a leading authority on energy and commodity markets across the globe, Argus is uniquely positioned to provide in-depth analysis and expert thought leadership. Our white papers are carefully written by Argus specialists from across our company. Each white paper focuses on a topical theme, exploring areas such supply and demand dynamics, price trends, trading activity and changing regulations. We always aim to provide a balanced view, underpinned by data and insight gathered first hand from the market.