FOREX2025 Crude Oil Fundamental Preview FOREX
This is an excerpt from our full 2025 Crude Oil Outlook report, one of nine detailed reports about what to expect in the coming year. Crude oil prices in 2025 are set to be influenced
The Los Angeles refinery, property of Phillips 66, can process 138,700 barrels of crude daily. The closure of these two would reduce fuel production capacity in the country by 400,000 barrels daily.
spglobalRefined Oil Product Prices, News and Analysis
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Last month, commodity analysts at Standard Chartered argued that the latest decision by OPEC+ to delay the planned output increase by three months to April 2025 , and extend the full unwind of
How Much Does It Cost to Build a Crude Oil
Refinery complexity impacts the cost as well as revenue for refiners, and so it impacts the profitability of a refining company. The cost of crude oil processed by a refinery depends on market prices for crude oil. Note that crude oils can
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Crude Oil Refinery Plant at Best Price in India India Business
Find here online price details of companies selling Crude Oil Refinery Plant. Get info of suppliers, manufacturers, exporters, traders of Crude Oil Refinery Plant for buying in India.
The Dangote oil refinery in Nigeria, Africa's largest crude processing facility, could reach full operational capacity next month, says the head of the refinery, which began fuel
China Issues Second Batch of Crude Oil Import Quotas
China issued a second batch of crude oil import quotas for 2025 to its independent refiners, potentially boosting the country's overall crude oil imports next year.
Keywords. Oil Refinery, State-owned Enterprise, Tax, Political Interference, Political Economics. Classification Code. M2, B2. Introduction. The Tema Oil Refinery (henceforth, TOR) has a
China Raises Crude Import Quota for Private Refiners
China has increased crude oil import quotas for private refiners by 6% for 2025 , raising the total to 5.14 million barrels per day. the newest refinery in China, started last month
Sell your Crude Oil Refinery products to global buyers for Free. There are currently 23 Crude Oil Refinery international importers waiting to connect with suppliers on Tradewheel.
Energy Capital & PowerAfrican Oil Refinery Update: 5 Biggest Projects Through 2025
Lobito Refinery: 200,000 bpd. Angola's national oil company (NOC), Sonangol, is making headway with its Lobito oil refinery, located in Lobito in the Benguela province. The
Last year, the Omsk refinery accounted for nearly 8% of all crude oil refining in Russia, as it processed about 425,600 barrels per day (bpd) of oil. While the Omsk refinery
PetroChina Set to Close Its Biggest Refinery in 2025
PetroChina's parent company CNPC, reached an agreement with the Dalian authorities two years ago to build a smaller, 200,000-bpd crude oil refinery at a new refining and
Ghana's Minister of Trade and Industry, K.T. Hammond, conducted a tour of the facility and said the company was in discussions with the Ministry of Energy to acquire 500,000 barrels
- How did crude oil prices perform in the first quarter of 2025 ?
- During the first quarter of 2025 (1Q25), crude oil prices generally decreased while U.S. refinery margins initially increased before decreasing in the final month of the quarter.
- What is the oil price forecast for 2025 & 2026?
- Oil price forecast: Brent is expected to reach $66/bbl in 2025 and $58/bbl in 2026 Despite recent trade policy developments, supply-demand dynamics point to lower oil prices in the coming months. What is the oil price forecast for 2025 and 2026?
- How is global oil supply and demand playing out?
- What do lower oil prices mean for consumers?
- Will a crude oil price war start in 2025 ?
- Brent crude prices are projected to drop high $60s to low $70s per barrel in the upcoming year due to the crude oil supply glut, potentially triggering a price war in early 2025 between Asian refiners and Middle Eastern oil producers over unsettled crude oil supply deals.
- What will refiners expect in 2025 ?
- As we look ahead to 2025 , refiners will likely encounter another difficult year with sluggish demand, tight margins, and potential supply disruptions amid ongoing geopolitical tensions. Key trends to watch in 2025 include:
- Why did the refinery industry struggle in 2024?
- The refinery industry faced another challenging year in 2024, with crack spreads plummeting due to weak demand for petroleum products and rising global refining capacity.
- Will the US refinery margin improve in 2025 ?
- Due to potentially reduced refinery runs and major refinery closures on the U.S. West and Gulf Coasts (e.g., Phillips 66 closing its Los Angeles refinery in Q4 2025 ), the U.S. gross refining margin (GRM) is expected to improve slightly in 2025 , ranging from ~$15 to $25 per barrel.
