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Driving Discussions: Part 3: European Diesel Market Outlook 2025
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In this third and final part, our market experts - Benedict George (Deputy Editor - European Products) and George Maher-Bonnett (Market Reporter – European Products) - round up the discussion and give their thoughts on domestic European diesel production:
Impact on the market of the permanent closure of some European refinery units expected this year- which collectively account for 400,000 barrels p/day of crude distillation production
Challenges refineries are facing in Europe with disproportionally higher overheads, and stricter regulations, as compared to other regions
Concerns of the wider refined products market of where diesel supply will come from following closures and temporary shutdowns due to numerous refinery fires
Despite the unpredictability, things that could tighten the market in 2025
And much more.
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