Refined Products

September 19, 2024

Europe's refining crisis: Grangemouth’s closure and its ripple effects

The impending closure of Grangemouth, one of the last six refineries in the UK, raises urgent questions about the future of Europe's refining landscape as profitability declines. Our experts examine the challenges facing the European downstream sector, including evolving supply chains and the impact of energy transition trends.

In this Oil Markets podcast episode, join host Herman Wang, Elza Turner and Kelly Norways as they discuss the potential for further refinery shutdowns and the critical shifts shaping oil markets across the continent.

Links:

ULSD 10ppmS FOB ARA Barge - AAJUS00(opens in a new tab)

Gasoline Prem Unleaded 10ppmS FOB AR Barge - PGABM00(opens in a new tab)

Dated Brent - PCAAS00(opens in a new tab)

Petroineos to close Scotland's Grangemouth refinery Q2 2025(opens in a new tab) (subscriber content)

Mediterranean refiners cut runs due to margin squeeze(opens in a new tab) (subscriber content)

REFINERY NEWS ROUNDUP: SAF in focus in Asia, Europe(opens in a new tab) (subscriber content)

REFINERY NEWS ROUNDUP: Maintenance, closures, incidents in Europe(opens in a new tab) (subscriber content)

REFINERY NEWS ROUNDUP: Maintenance picks up in Asia-Pacific(opens in a new tab) (subscriber content)

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