Written Question·Department for Energy Security and Net Zero·UIN 67173

Oil: Refineries

Tabled: 11 July 2025

Answered: 21 July 2025

Question

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

Michael Shanks

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...

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