Global Oil Refinery Market 2017 Share, Trend, Segmentation and Forecast to 2022
Some of the predominant drivers in this market include growing demand for energy, advancements in technologies and low domestic oil prices. However, lack of skilled labours and safety standards are anticipated to hinder the market. Furthermore, increasing oil recovery fields in Europe will provide a great investment opportunity for players in this market. Asia Pacific commanded the maximum refining capacity followed by America. China is the largest importer of crude oil and Paraguana is the second largest oil refinery market....
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