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:Energy Security Sentinel™ ULSD 10ppmS FOB ARA Barge - AAJUS00 Gasoline Prem Unleaded 10ppmS FOB AR Barge - PGABM00 Dated Brent - PCAAS00 Petroineos to close Scotland's Grangemouth refinery Q2 2025 (subscriber content) Mediterranean refiners cut runs due to margin squeeze (subscriber content) REFINERY NEWS ROUNDUP: SAF in focus in Asia, Europe (subscriber content) REFINERY NEWS ROUNDUP: Maintenance, closures, incidents in Europe (subscriber content) REFINERY NEWS ROUNDUP: Maintenance picks up in Asia-Pacific (subscriber content)