GB road-fuel sales remain below pre-pandemic levels
The country’s gasoline and diesel volumes struggle to reach February 2020 demand
Sales of gasoline and diesel at sampled filling stations in England, Scotland and Wales averaged 15,100l/d in December, up by 9.5pc from the same month in 2020 (see Fig.1), according to the latest data from the UK’s Department for Business, Energy and Industrial Strategy (Beis). But demand remained in the 15,000-16,000l/d range that has been observed since April of last year—apart from September, when panic buying of fuel due to fears over shortages saw average daily sales jump to over 35,000l late in the month and dragged the monthly average above 18,000l/d. For all months without this rush to the pumps, demand remained lower than the c.17,700l/d observed in February 2020, the only full pre
Also in this section
26 April 2024
While the US has been breaking records for its premium grade crude, there are doubts over whether you can have too much of a good thing
26 April 2024
Slowing demand growth and capacity expansions will squeeze refiners in coming years
25 April 2024
Some companies with assets in Israel have turned towards Egypt as tensions escalate, but others are holding firm despite rising tensions
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields