Amid Russian crude loss European refiners forced to amend output

European oil refiners will probably be forced to cut production of gasoline and diesel as they seek to find alternatives to Russian feedstocks. Shell Plc, which operates Europe’s biggest oil refinery, said this week that operating rates at some of its plants will be reduced, while finding other crude supplies could take weeks. That would

European biofuel mandates to structurally shift ethanol demand higher

Following a year in which the European ethanol market experienced extreme volatility caused by lockdown restrictions, 2022 is expected to offer relatively more stability in a post-lockdown environment, supported by European biofuel mandates. While S&P Global Platts Analytics forecasts a global fuel grade ethanol surplus of 1.667 billion liters in 2022 following an estimated deficit