Results for tag: "Refinery Crude Distillation Unit"

The Refinery Crude Distillation Unit (CDU) market is a segment of the oil industry that focuses on the production of petroleum products from crude oil. The CDU process involves the separation of crude oil into various fractions, such as gasoline, diesel, and jet fuel, through the use of distillation. The CDU market is highly competitive, with a number of major players operating in the space. These companies are typically vertically integrated, meaning they are involved in the exploration, production, refining, and marketing of oil products. The CDU market is driven by the demand for petroleum products, which is largely determined by economic growth and consumer preferences. Additionally, the cost of crude oil and the availability of refining capacity are key factors in the market. Some of the major players in the Refinery Crude Distillation Unit market include ExxonMobil, Royal Dutch Shell, BP, Chevron, and Total. Show Less Read more