How much does it cost to refine a barrel of crude oil?
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The cost of refining also depends on type of the crude oil that you are feeding into the refinery. The lighter the crude oil grade, the lower your cost/revenue ratio, which means you will have higher margins. read more
The oil companies, however, express much grief that they are actually losing their Cost To Refine Oilprofit-margin because as crude oil prices continue to rise over $100 per barrel, they are finding it increasingly difficult to pass any substantial portion of their added costs onto the consumer. read more
Source: whatitcosts.com
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Crude Oil Refining Process to Gasoline
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Refining Crude Oil
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