In November 2025 market participants gathered at the annual Argus Road Fuels Europe Conference in Munich (Germany). Listen to this podcast to discover some of the top takeaways:
- Impact of geopolitics on supply into Europe over last couple of years.
- Product supply kept tight by unplanned refinery outages, planned maintenance works and permanent closures.
- Cracks across all refined products much more volatile over the last few months and multi-year highs for road fuels in second half of 2025
- 18-month highs in November in regards to Nigerian imports of European gasoline after previous declines, despite west Africa's increased gasoline self-sufficiency.
- The EUs reconsideration of it's 2035 combustion engine vehicle phase out, making space for low carbon or more "carbon neutral" fuels to play a part alongside electrification.
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Argus European Products
Prices, news and analysis for all key petroleum products, including the benchmark for northwest European gasoline
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