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Popular pages
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Price assessment | McKinsey Energy Insights
Price assessment Price assessment is the determination of the prevailing market price for a crude oil or refined product at a point in time. The most important price assessments are for the spot marke...
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Refinery Reference Desk | McKinsey Energy Insights
Expand your understanding of the downstream sector with this comprehensive resource, which explains industry terminology and concepts.
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Spot market | McKinsey Energy Insights
Spot market The spot market for crude oil and refined products refers to the trade of large physical cargoes or parcels in one-off transactions for near-term delivery. While this market accounts for a...
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Prices | McKinsey Energy Insights
Prices Crude oil and petroleum products are priced at all stages of the oil value chain. Major pricing points are: Wellhead price - Price or value of crude oil at the point of production, before any t...
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Crude grades | McKinsey Energy Insights
McKinsey uses cookies to improve site functionality, provide you with a better browsing experience, and to enable our partners to advertise to you. Detailed information on the use of cookies on this S...
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Economics | McKinsey Energy Insights
Economics The profitability of refineries varies widely, across different individual refineries, as well as over time for a single refinery as market conditions change. Measures of refinery profitabil...