Oil: Refineries
Commons · Question 67173 · Tabled 11 Jul 2025 · Department for Energy Security and Net Zero · Official record
Answered 21 Jul 2025
Question
Asked by Nick Timothy
To ask the Secretary of State for Energy Security and Net Zero, with reference to the oral contribution of Baron Wilson of Sedgefield in the House of Lords on 3 July 2025, Official Report, column 867, what plans he has to take up internationally fuel refi
Answer
Answered by Michael Shanks, 21 Jul 2025
Refining margins differ from site to site and are driven by the prices of the crude oils each refinery buys and of the products that they produce. These prices are largely set by international traded markets. The Government is determined to work with indu...