According to Reports and Data, the global oil refining market was worth $1.42 trillion in 2021 and is expected to grow to $2.22 trillion by 2030, at a compound annual growth rate of 5.1% from 2022 ...

Consequently, much of that U.S. shale oil began to be exported to refineries overseas that were better suited to handle it. U.S. crude oil exports have soared from less than a million barrels a ...

Last year, India leapfrogged China to become the biggest buyer of Russian oil, purchasing up to 2 million barrels of ...

A gas worker walks between pipes in a station of the Urengoy-Pomary-Uzhgorod pipeline, near Kursk, Russia, in January 2006. Canada, the U.S. and the U.K. banned Russian crude and petroleum oil ...

Mismatch in oil, refining bodes well for Canadian crude American petroleum expert rebuts claim that there is no Asian market for Alberta oil Nelson Bennett Aug 27, 2019 12:00 AM ...

Refinery crude runs rose 177,000 bpd last week to 16.8 million, their highest since January 2022, while refinery utilization rates rose by 0.6 percentage point to 93.7 per cent of total capacity.

How global crude oil markets work The largest component of gasoline prices is crude oil, which is used in transportation, manufacturing and electricity generation. Changes in global supply and demand ...

Research and Markets Tue, Jan 26, 2021, 7:33 AM2 min read Dublin, Jan. 26, 2021 (GLOBE NEWSWIRE) -- The "Iran Crude Oil Refinery Outlook to 2025" report has been added to ResearchAndMarkets.com's ...

1. DIY refining Building your own refinery is surprisingly easy, and explosive. All you need is a 10-metre tall pipe and a pile of wood. Fill the pipe with crude oil and light the wood beneath it.

The foundations have already been laid at the 100,000 barrels per day crude oil refinery, close to Cape Town, for a Gasoline Hydrotreating Process that will help bring petrol down to Euro 5 ...