Which indicators should be tracked to analyze the oil refining market?
To analyze oil refining, decision-makers should track refining capacity, refinery utilization rates, crack spreads, price differentials between crude oil and refined products, demand for gasoline, diesel, jet fuel and fuel oil, energy costs, maintenance shutdowns, fuel quality standards, modernization investments and environmental constraints. These indicators help assess refinery profitability, supply risks and opportunities linked to lower-carbon fuels.