Over the last decade, the U.S. West Coast had the highest profit of any major refining hub worldwide.
In 2021, the average refining margin in the U.S. West Coast hub stood at 14.6 U.S. dollars per barrel. Meanwhile, average margins for the U.S. Gulf Coast Coking and the Rotterdam Complex amounted to 9.8 and 1.9 U.S. dollars per barrel, respectively. Overall, average refining margins worldwide - except for Singapore - experienced a growth in 2021, when compared to the previous year.
Average annual refining margins for select refining hubs worldwide from 2013 to 2021
(in U.S. dollars per barrel)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Shell. (March 14, 2022). Average annual refining margins for select refining hubs worldwide from 2013 to 2021 (in U.S. dollars per barrel) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1326239/average-annual-refining-margins-for-select-refining-hubs/
Shell. "Average annual refining margins for select refining hubs worldwide from 2013 to 2021 (in U.S. dollars per barrel)." Chart. March 14, 2022. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1326239/average-annual-refining-margins-for-select-refining-hubs/
Shell. (2022). Average annual refining margins for select refining hubs worldwide from 2013 to 2021 (in U.S. dollars per barrel). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1326239/average-annual-refining-margins-for-select-refining-hubs/
Shell. "Average Annual Refining Margins for Select Refining Hubs Worldwide from 2013 to 2021 (in U.S. Dollars per Barrel)." Statista, Statista Inc., 14 Mar 2022, https://www.statista.com/statistics/1326239/average-annual-refining-margins-for-select-refining-hubs/
Shell, Average annual refining margins for select refining hubs worldwide from 2013 to 2021 (in U.S. dollars per barrel) Statista, https://www.statista.com/statistics/1326239/average-annual-refining-margins-for-select-refining-hubs/ (last visited December 04, 2024)
Average annual refining margins for select refining hubs worldwide from 2013 to 2021 (in U.S. dollars per barrel) [Graph], Shell, March 14, 2022. [Online]. Available: https://www.statista.com/statistics/1326239/average-annual-refining-margins-for-select-refining-hubs/