Fuels Statistics 2023

Countries Where two-letter country codes are used, they are those used by the European Union to refer to member and associated states. Where three- letter country codes are used, they are those listed in ISO 3166 alpha-3. The only exceptions are Saudi Arabia, as SAU, and the United Arab Emirates, as UAE, for clarity. Crude benchmarks Brent - Oil from four different fields in the North Sea: Brent, Forties, Oseberg, and Ekofisk. WTI - West Texas Intermediate (WTI) refers to oil extracted from wells in the U.S. and sent via pipeline to Cushing, Oklahoma. Urals - Reference oil brand used as the basis for pricing of the Russian export oil mixture. Dubai - Middle East major benchmark crude which is generally medium density and sour (high sulphur).

PR

Pressure Release (Device) Process Safety Event Reporting of Injuries, Diseases, and Dangerous Occurrences Renewable Transport Fuel Certificate Development Renewable Transport Fuel Certificate Renewable Transport Fuel Obligation fuels with less than 10 ppm sulphur tonnes of Carbon Dioxide equivalents tonnes of oil equivalent Return on Capital Employed Sulphur Dioxide

PSE

RIDDOR

ROCE

RTFC

dRTFC

RTFO

SO 2

“sulphur-free”

tCO 2 e

-toe

US EIA

United States Energy Information Agency Value-Added Tax

VAT yoy

year on year

65

Fuels Statistics 2023

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