SlideShare a Scribd company logo
1 of 3
Download to read offline
#OM2015#OM2015
Golden Age (the sequel)
-10
-5
0
+5
+10
+15
2008 2009 2010 2011 2012 2013 2014 2015
Trends for Key Refining Margins
Mars USG FCC
Brent NWE CC
Oman Singapore HC
($/bbl)
#OM2015
Global Refinery Closures Since 2008
NORTH AMERICA
1.8 million b/d
GRAND TOTAL 6.1 MILLION B/D
EUROPE
2.7 million b/d
ASIA
1.6 million b/d
#OM2015
Benefiting the most in crude runs:
non-OECD refiners
35
36
37
38
39
40
41
42
43
2012 2013 2014 2015
(million b/d)
oecd non-oecd

More Related Content

Viewers also liked

Maximizing Upstream Value in a Low Price Environment
Maximizing Upstream Value in a Low Price EnvironmentMaximizing Upstream Value in a Low Price Environment
Maximizing Upstream Value in a Low Price EnvironmentEnergy Intelligence
 
Technological Developments for Strategic Advantage - Mark Papa
Technological Developments for Strategic Advantage - Mark PapaTechnological Developments for Strategic Advantage - Mark Papa
Technological Developments for Strategic Advantage - Mark PapaEnergy Intelligence
 
Drilling on Wall Street: Growth through Acquisition
Drilling on Wall Street: Growth through AcquisitionDrilling on Wall Street: Growth through Acquisition
Drilling on Wall Street: Growth through AcquisitionEnergy Intelligence
 
Technology to the Rescue in a World of Low Oil and Gas Prices, by Andrew Gould
Technology to the Rescue in a World of Low Oil and Gas Prices, by Andrew GouldTechnology to the Rescue in a World of Low Oil and Gas Prices, by Andrew Gould
Technology to the Rescue in a World of Low Oil and Gas Prices, by Andrew GouldEnergy Intelligence
 
Technological Developments for Strategic Advantage - Kevin Neveu
Technological Developments for Strategic Advantage - Kevin NeveuTechnological Developments for Strategic Advantage - Kevin Neveu
Technological Developments for Strategic Advantage - Kevin NeveuEnergy Intelligence
 
Technological Developments for Strategic Advantage - Ashok Belani
Technological Developments for Strategic Advantage - Ashok BelaniTechnological Developments for Strategic Advantage - Ashok Belani
Technological Developments for Strategic Advantage - Ashok BelaniEnergy Intelligence
 
The World in Play: Critical Geopolitical Drivers
The World in Play: Critical Geopolitical DriversThe World in Play: Critical Geopolitical Drivers
The World in Play: Critical Geopolitical DriversEnergy Intelligence
 
US Upstream Revolution: its Global Impact and its Future, by Casey Sattler
US Upstream Revolution: its Global Impact and its Future, by Casey SattlerUS Upstream Revolution: its Global Impact and its Future, by Casey Sattler
US Upstream Revolution: its Global Impact and its Future, by Casey SattlerEnergy Intelligence
 
Strategies for Financial Recovery and Future Growth, by David Foley
Strategies for Financial Recovery and Future Growth, by David FoleyStrategies for Financial Recovery and Future Growth, by David Foley
Strategies for Financial Recovery and Future Growth, by David FoleyEnergy Intelligence
 
Gas Arabia Summit: Unconventional Gas Developments in the Gulf
Gas Arabia Summit: Unconventional Gas Developments in the GulfGas Arabia Summit: Unconventional Gas Developments in the Gulf
Gas Arabia Summit: Unconventional Gas Developments in the GulfEnergy Intelligence
 
Iran’s Re-Emergence as an Oil and Gas Power: What Next?
Iran’s Re-Emergence as an Oil and Gas Power: What Next?Iran’s Re-Emergence as an Oil and Gas Power: What Next?
Iran’s Re-Emergence as an Oil and Gas Power: What Next?Energy Intelligence
 
Lunch Hosted by McKinsey & Company
Lunch Hosted by McKinsey & CompanyLunch Hosted by McKinsey & Company
Lunch Hosted by McKinsey & CompanyEnergy Intelligence
 

Viewers also liked (13)

Maximizing Upstream Value in a Low Price Environment
Maximizing Upstream Value in a Low Price EnvironmentMaximizing Upstream Value in a Low Price Environment
Maximizing Upstream Value in a Low Price Environment
 
Technological Developments for Strategic Advantage - Mark Papa
Technological Developments for Strategic Advantage - Mark PapaTechnological Developments for Strategic Advantage - Mark Papa
Technological Developments for Strategic Advantage - Mark Papa
 
Drilling on Wall Street: Growth through Acquisition
Drilling on Wall Street: Growth through AcquisitionDrilling on Wall Street: Growth through Acquisition
Drilling on Wall Street: Growth through Acquisition
 
Season's Greetings
Season's GreetingsSeason's Greetings
Season's Greetings
 
Technology to the Rescue in a World of Low Oil and Gas Prices, by Andrew Gould
Technology to the Rescue in a World of Low Oil and Gas Prices, by Andrew GouldTechnology to the Rescue in a World of Low Oil and Gas Prices, by Andrew Gould
Technology to the Rescue in a World of Low Oil and Gas Prices, by Andrew Gould
 
Technological Developments for Strategic Advantage - Kevin Neveu
Technological Developments for Strategic Advantage - Kevin NeveuTechnological Developments for Strategic Advantage - Kevin Neveu
Technological Developments for Strategic Advantage - Kevin Neveu
 
Technological Developments for Strategic Advantage - Ashok Belani
Technological Developments for Strategic Advantage - Ashok BelaniTechnological Developments for Strategic Advantage - Ashok Belani
Technological Developments for Strategic Advantage - Ashok Belani
 
The World in Play: Critical Geopolitical Drivers
The World in Play: Critical Geopolitical DriversThe World in Play: Critical Geopolitical Drivers
The World in Play: Critical Geopolitical Drivers
 
US Upstream Revolution: its Global Impact and its Future, by Casey Sattler
US Upstream Revolution: its Global Impact and its Future, by Casey SattlerUS Upstream Revolution: its Global Impact and its Future, by Casey Sattler
US Upstream Revolution: its Global Impact and its Future, by Casey Sattler
 
Strategies for Financial Recovery and Future Growth, by David Foley
Strategies for Financial Recovery and Future Growth, by David FoleyStrategies for Financial Recovery and Future Growth, by David Foley
Strategies for Financial Recovery and Future Growth, by David Foley
 
Gas Arabia Summit: Unconventional Gas Developments in the Gulf
Gas Arabia Summit: Unconventional Gas Developments in the GulfGas Arabia Summit: Unconventional Gas Developments in the Gulf
Gas Arabia Summit: Unconventional Gas Developments in the Gulf
 
Iran’s Re-Emergence as an Oil and Gas Power: What Next?
Iran’s Re-Emergence as an Oil and Gas Power: What Next?Iran’s Re-Emergence as an Oil and Gas Power: What Next?
Iran’s Re-Emergence as an Oil and Gas Power: What Next?
 
Lunch Hosted by McKinsey & Company
Lunch Hosted by McKinsey & CompanyLunch Hosted by McKinsey & Company
Lunch Hosted by McKinsey & Company
 

More from Energy Intelligence

Petroleum Executive of the Year Keynote, by H.E. Khalid Al-Falih
Petroleum Executive of the Year Keynote, by H.E. Khalid Al-FalihPetroleum Executive of the Year Keynote, by H.E. Khalid Al-Falih
Petroleum Executive of the Year Keynote, by H.E. Khalid Al-FalihEnergy Intelligence
 
Competitiveness, Carbon, Choice - Embracing Change, by Bob Dudley
Competitiveness, Carbon, Choice - Embracing Change, by Bob DudleyCompetitiveness, Carbon, Choice - Embracing Change, by Bob Dudley
Competitiveness, Carbon, Choice - Embracing Change, by Bob DudleyEnergy Intelligence
 
Financing Oil & Gas Projects in a Low Oil Price World by Jan Prins
Financing Oil & Gas Projects in a Low Oil Price World by Jan PrinsFinancing Oil & Gas Projects in a Low Oil Price World by Jan Prins
Financing Oil & Gas Projects in a Low Oil Price World by Jan PrinsEnergy Intelligence
 
Development of Electric Vehicle: where are we now? by Didier Houssin
Development of Electric Vehicle: where are we now? by Didier HoussinDevelopment of Electric Vehicle: where are we now? by Didier Houssin
Development of Electric Vehicle: where are we now? by Didier HoussinEnergy Intelligence
 
The Prize and Pitfalls of the Global LNG Business - Betsey Spomer
The Prize and Pitfalls of the Global LNG Business - Betsey SpomerThe Prize and Pitfalls of the Global LNG Business - Betsey Spomer
The Prize and Pitfalls of the Global LNG Business - Betsey SpomerEnergy Intelligence
 
Invest or Divest: the New Financial Imperatives
Invest or Divest: the New Financial ImperativesInvest or Divest: the New Financial Imperatives
Invest or Divest: the New Financial ImperativesEnergy Intelligence
 
Unlocking Mexico’s Oil and Gas Potential
Unlocking Mexico’s Oil and Gas PotentialUnlocking Mexico’s Oil and Gas Potential
Unlocking Mexico’s Oil and Gas PotentialEnergy Intelligence
 
New Challenges in the High Stakes World of Oil Trading
New Challenges in the High Stakes World of Oil TradingNew Challenges in the High Stakes World of Oil Trading
New Challenges in the High Stakes World of Oil TradingEnergy Intelligence
 
Oil & Money 2014 hosts Mexico Government Bid Round Briefing
Oil & Money 2014 hosts Mexico Government Bid Round BriefingOil & Money 2014 hosts Mexico Government Bid Round Briefing
Oil & Money 2014 hosts Mexico Government Bid Round BriefingEnergy Intelligence
 
Is unconventional oil and gas a sustainable game changer?
Is unconventional oil and gas a sustainable game changer?Is unconventional oil and gas a sustainable game changer?
Is unconventional oil and gas a sustainable game changer?Energy Intelligence
 
Financing in a High Cost Oil & Gas World
Financing in a High Cost Oil & Gas WorldFinancing in a High Cost Oil & Gas World
Financing in a High Cost Oil & Gas WorldEnergy Intelligence
 
China and the Global Energy Uncertainties
China and the Global Energy UncertaintiesChina and the Global Energy Uncertainties
China and the Global Energy UncertaintiesEnergy Intelligence
 

More from Energy Intelligence (12)

Petroleum Executive of the Year Keynote, by H.E. Khalid Al-Falih
Petroleum Executive of the Year Keynote, by H.E. Khalid Al-FalihPetroleum Executive of the Year Keynote, by H.E. Khalid Al-Falih
Petroleum Executive of the Year Keynote, by H.E. Khalid Al-Falih
 
Competitiveness, Carbon, Choice - Embracing Change, by Bob Dudley
Competitiveness, Carbon, Choice - Embracing Change, by Bob DudleyCompetitiveness, Carbon, Choice - Embracing Change, by Bob Dudley
Competitiveness, Carbon, Choice - Embracing Change, by Bob Dudley
 
Financing Oil & Gas Projects in a Low Oil Price World by Jan Prins
Financing Oil & Gas Projects in a Low Oil Price World by Jan PrinsFinancing Oil & Gas Projects in a Low Oil Price World by Jan Prins
Financing Oil & Gas Projects in a Low Oil Price World by Jan Prins
 
Development of Electric Vehicle: where are we now? by Didier Houssin
Development of Electric Vehicle: where are we now? by Didier HoussinDevelopment of Electric Vehicle: where are we now? by Didier Houssin
Development of Electric Vehicle: where are we now? by Didier Houssin
 
The Prize and Pitfalls of the Global LNG Business - Betsey Spomer
The Prize and Pitfalls of the Global LNG Business - Betsey SpomerThe Prize and Pitfalls of the Global LNG Business - Betsey Spomer
The Prize and Pitfalls of the Global LNG Business - Betsey Spomer
 
Invest or Divest: the New Financial Imperatives
Invest or Divest: the New Financial ImperativesInvest or Divest: the New Financial Imperatives
Invest or Divest: the New Financial Imperatives
 
Unlocking Mexico’s Oil and Gas Potential
Unlocking Mexico’s Oil and Gas PotentialUnlocking Mexico’s Oil and Gas Potential
Unlocking Mexico’s Oil and Gas Potential
 
New Challenges in the High Stakes World of Oil Trading
New Challenges in the High Stakes World of Oil TradingNew Challenges in the High Stakes World of Oil Trading
New Challenges in the High Stakes World of Oil Trading
 
Oil & Money 2014 hosts Mexico Government Bid Round Briefing
Oil & Money 2014 hosts Mexico Government Bid Round BriefingOil & Money 2014 hosts Mexico Government Bid Round Briefing
Oil & Money 2014 hosts Mexico Government Bid Round Briefing
 
Is unconventional oil and gas a sustainable game changer?
Is unconventional oil and gas a sustainable game changer?Is unconventional oil and gas a sustainable game changer?
Is unconventional oil and gas a sustainable game changer?
 
Financing in a High Cost Oil & Gas World
Financing in a High Cost Oil & Gas WorldFinancing in a High Cost Oil & Gas World
Financing in a High Cost Oil & Gas World
 
China and the Global Energy Uncertainties
China and the Global Energy UncertaintiesChina and the Global Energy Uncertainties
China and the Global Energy Uncertainties
 

Recently uploaded

Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
DEPED Work From Home WORKWEEK-PLAN.docx
DEPED Work From Home  WORKWEEK-PLAN.docxDEPED Work From Home  WORKWEEK-PLAN.docx
DEPED Work From Home WORKWEEK-PLAN.docxRodelinaLaud
 
Socio-economic-Impact-of-business-consumers-suppliers-and.pptx
Socio-economic-Impact-of-business-consumers-suppliers-and.pptxSocio-economic-Impact-of-business-consumers-suppliers-and.pptx
Socio-economic-Impact-of-business-consumers-suppliers-and.pptxtrishalcan8
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfOrient Homes
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Lviv Startup Club
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 

Recently uploaded (20)

Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
Forklift Operations: Safety through Cartoons
Forklift Operations: Safety through CartoonsForklift Operations: Safety through Cartoons
Forklift Operations: Safety through Cartoons
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
DEPED Work From Home WORKWEEK-PLAN.docx
DEPED Work From Home  WORKWEEK-PLAN.docxDEPED Work From Home  WORKWEEK-PLAN.docx
DEPED Work From Home WORKWEEK-PLAN.docx
 
Socio-economic-Impact-of-business-consumers-suppliers-and.pptx
Socio-economic-Impact-of-business-consumers-suppliers-and.pptxSocio-economic-Impact-of-business-consumers-suppliers-and.pptx
Socio-economic-Impact-of-business-consumers-suppliers-and.pptx
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
Yaroslav Rozhankivskyy: Три складові і три передумови максимальної продуктивн...
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Best Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting PartnershipBest Practices for Implementing an External Recruiting Partnership
Best Practices for Implementing an External Recruiting Partnership
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 

Refining and Petrochemical Exports Reshaping Global Markets

  • 1. #OM2015#OM2015 Golden Age (the sequel) -10 -5 0 +5 +10 +15 2008 2009 2010 2011 2012 2013 2014 2015 Trends for Key Refining Margins Mars USG FCC Brent NWE CC Oman Singapore HC ($/bbl)
  • 2. #OM2015 Global Refinery Closures Since 2008 NORTH AMERICA 1.8 million b/d GRAND TOTAL 6.1 MILLION B/D EUROPE 2.7 million b/d ASIA 1.6 million b/d
  • 3. #OM2015 Benefiting the most in crude runs: non-OECD refiners 35 36 37 38 39 40 41 42 43 2012 2013 2014 2015 (million b/d) oecd non-oecd