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The Oman oil refining market continues to show promising growth with a positive outlook for the coming years. According to the latest analysis from ResearchAndMarkets, the
Oman Crude Oil Refinery Outlook to 2030 is a comprehensive report on crude oil refinery industry in Oman. The report also provides details on oil refineries such as name, type,
Oman Oil Refining Market Outlook 2025 : Detailed Analysis on
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Research and MarketsOil Refining Industry in South Korea 2025 Research
This report is a complete source of information on South Korea's crude oil refining industry. It provides refinery level information relating to existing and planned (new build) refineries such as
South Korea Crude Oil Refinery Outlook to 2025 is a comprehensive report on crude oil refinery industry in South Korea. The report also provides details on oil refineries such as
- What is the outlook for oil refinery business in 2025 -2027?
- Krungsri Research predicts the outlook for the oil refinery business and related sectors during 2025 -2027 as follows. Refineries: Operators are expected to generate good profits due to the growing demand for refined oil in the domestic market, high refinery utilization rates, and favorable refining margins that support continuous profitability.
- How will oil consumption affect refinery margins?
- The increasing oil consumption will drive the growth in refined oil production at a rate of 2.5-3.5% per year, leading to an average refinery margin of USD 5.5-6.0/bbl, which is higher than the pre-COVID-19 average of USD 5.0-5.5/bbl (2012-2019).
- What will the price of Dubai Crude oil be in 2025 ?
- The price of Dubai crude oil from 2025 to 2027 will average between 70-80 USD per barrel. The EIA forecasts that oil demand in 2025 will increase by 1.3 million barrels per day to 104.3 million barrels per day, driven by the gradual recovery of the global economy (the IMF predicts global economic growth in the range of 3.2-3.3%).
- Will oil demand increase in 2025 ?
- Demand growth averages 740 kb/d in 2025 and 760 kb/d in 2026, despite accelerating OECD declines of -120 kb/d and -240 kb/d, respectively. World oil supply looks on track to rise by 1.6 mb/d to 104.6 mb/d on average in 2025 , and by an additional 970 kb/d in 2026.
- How did crude prices affect refining margins in April?
- Refining margins reached 12-month highs across most regions and configurations in late April, as a discernible shift in crude pricing boosted profitability. Global oil stocks rose by 25.1 mb in March, led by a 57.8 mb increase in crude, but at 7 671 mb remained well below the five-year average (-221 mb).
- How much oil will be produced in 2025 ?
- As a result, oil production in 2025 will reach 104.2 million barrels per day and will increase only slightly in 2026 and 2027 to match oil demand.