oil refining industry


Oil includes crude oil, natural gas liquids, refinery feedstocks and additives, other hydrocarbons, and petroleum products (refinery gas, ethane, liquefied petroleum gas, aviation gasoline, motor gasoline, jet fuel, kerosene, gas/diesel oil, heavy fuel oil, naphtha, white spirit, lubricants, paraffin waxes, petroleum coke and other petroleum products) (IEA, 2014). Oil needs to be refined in order to be used in the many applications demand dictates.