Market update: European refiners diversify crude supply routes
Refiners across Europe are broadening crude sourcing strategies as trade flows evolve, increasing interest in alternative grades and flexible logistics.
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Refiners across Europe are broadening crude sourcing strategies as trade flows evolve, increasing interest in alternative grades and flexible logistics.
Positioning in energy markets has improved on expectations of resilient demand and disciplined supply, supporting a constructive outlook for the sector.
Throughput expansion and process optimization continue to support margins, with investment focused on flexibility, quality upgrades, and lower emissions.
Investor optimism in the oil sector has risen on expectations of economic recovery, firm demand for refined products, and supportive market conditions, despite longer-term decarbonization headwinds.