Moreover, crude oils are refined and separated into mixture, which is further converted to simpler fractions to be further utilized as fuels, lubricants, and even as intermediate feedstock to the petrochemical industries.
Market Analysis and Insights: Global Crude Oil Market
In 2020, the global Crude Oil market size was US$ 2806.9 million and it is expected to reach US$ 3289.9 million by the end of 2027, with a CAGR of 2.3% between 2021 and 2027
Global Crude Oil Scope and Market Size
The global Crude Oil market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Crude Oil market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.
Segment by Type
Heavy Fuel Oil
Segment by Application
China National Petroleum Corporation
Kuwait Petroleum Corporation
Middle East & Africa
Frequently Asked Questions
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