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Refined products are derived from crude oil through a process of distillation and other chemical processes. Refined products are used for a variety of purposes, including transportation, heating, and electricity generation. Refined products include gasoline, diesel, jet fuel, heating oil, and lubricants. These products are typically sold in bulk to wholesalers, retailers, and other end-users.
The refined products market is highly competitive, with a number of large companies operating in the space. Major players include ExxonMobil, BP, Chevron, Royal Dutch Shell, and Total. Other companies in the market include Valero Energy, Phillips 66, Marathon Petroleum, and Suncor Energy. Show Less Read more
