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An analysis of the European oil refining market, including industry trends, key country profiles, and insights into refining capacities and product demand.
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How to fill out The European Oil Refining Market Outlook

01
Begin by gathering relevant data on current oil refining capacities in Europe.
02
Research recent trends and forecasts in the European oil market.
03
Identify key players in the industry, including major refineries and oil companies.
04
Analyze regulatory frameworks and environmental policies affecting oil refining.
05
Compile statistical data on oil production, consumption, and imports/exports.
06
Review historical trends to provide context and support projections.
07
Create an outline to categorize the information into sections such as market overview, competitive landscape, and future outlook.
08
Fill in each section with concise, accurate information based on your research.
09
Include visual aids, such as graphs and charts, to illustrate data and trends.
10
Collaborate with industry experts for insights and validation of your findings.

Who needs The European Oil Refining Market Outlook?

01
Investors looking to make informed decisions in the oil refining sector.
02
Policy makers and regulatory bodies to understand market dynamics.
03
Industry analysts and researchers for market analysis and trends.
04
Oil companies and refineries for strategic planning and operations.
05
Environmental organizations monitoring the impact of oil refining.
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People Also Ask about

In 2025, the three largest refiners in the United States — Marathon, Valero, and ExxonMobil — all reported calendar day capacity increases of less than 1% compared with 2024.
The situation in Europe's refining and petrochemical sector is nothing short of dire. On average one refinery a month has shutdown over the course of 2025, based on data from across the wider European Economic Area and U.K.
European refiners faced weaker profit margins last year, after the post-COVID recovery and energy security drives following widespread sanctions on Russia boosted margins in 2022-2023.
In 2025, the three largest refiners in the United States — Marathon, Valero, and ExxonMobil — all reported calendar day capacity increases of less than 1% compared with 2024. These changes likely stem from small-scale process improvements, rather than major capacity expansions, unlike previous years.
In the U.S., LyondellBasell's Houston refinery was shuttered this year, while Phillips 66's Los Angeles refinery and Valero's Benicia refinery are set to close in October 2025 in April 2026 respectively. Unplanned refinery shutdowns have also compounded the impact of closures.
Shell owns the largest oil refinery in Europe. As of 2025, its Pernis, Netherlands, plant had a daily capacity of 425,000 barrels and was the only refinery with a capacity exceeding 400,000 barrels.
The global oil refining market, valued at USD 1,917.52 billion in 2025, is projected to reach USD 2,800.91 billion by 2034, growing at a CAGR of 4.30%. This growth is fueled by increasing investments in oil refinery facilities, technological advancements, and rising global energy demands.
The situation in Europe's refining and petrochemical sector is nothing short of dire. On average one refinery a month has shutdown over the course of 2025, based on data from across the wider European Economic Area and U.K.

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The European Oil Refining Market Outlook is a comprehensive report analyzing the trends, forecasts, and conditions affecting the oil refining market in Europe, including supply and demand dynamics, regulatory impacts, and market competition.
Participants in the oil refining sector in Europe, including refiners, market operators, and regulatory authorities, are typically required to file The European Oil Refining Market Outlook.
To fill out The European Oil Refining Market Outlook, entities must collect relevant data on their operations, market conditions, and projected trends, then input this information into the required report template provided by regulatory authorities.
The purpose of The European Oil Refining Market Outlook is to provide key stakeholders, including policymakers and industry participants, with insights and forecasts that can guide decision-making in the oil refining sector.
The information that must be reported on The European Oil Refining Market Outlook typically includes production levels, capacity utilization, market demand forecasts, price trends, and compliance with environmental regulations.
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