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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
Repsol Aims for Higher European Diesel Output
Repsol is attempting to increase diesel output from its refineries in Europe by de-bottlenecking its plants, Repsol CEO Josu Jon Imaz said to Reuters.
- Europe will have to cope with high diesel prices this winter, he said.
- The diesel crisis in Europe is heating up, with parts of Europe starting to run out of diesel, he said during the earnings call at the end October.
- Diesel demand in Europe has been boosted by gas to diesel switch, amid high European natural gas prices.
- Repsol operates six industrial complexes in Europe and one in Peru, with over 1mn bl/d of refining capacity, company data show.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.