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Hello, refinery margin = refined product price (crude price + cost) outside of basic considerations of supply and demand affected by price, a very important part is refinery cost. Refining is all about heat, pressure, steamall that is very ener...
An oil refinery or petroleum refinery is an industrial process plant where crude oil is transformed and refined into more useful products such as petroleum naphtha, gasoline, diesel fuel, asphalt base, heating oil, kerosene, liquefied petroleum gas, jet fuel and fuel oils. Petrochemicals feed stock like ethylene and propylene can also be produced directly by cracking crude oil without the need
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