Talk:Petroleum refining in the United Kingdom
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Petroleum Refining in the UK industry analysis
[edit]Global events jolt oil prices.The COVID-19 pandemic and Russia's invasion of Ukraine have brought about significant volatility in the oil market, inciting huge fluctuations in revenue. The rise of clean energy hits sales.Government initiatives for clean air, increasing awareness of diesel's health impacts and a surge in the popularity of biodiesel are pushing down demand for petroleum. Yorkshire's attributes magnetise refiners.It provides favourable business conditions, proximity to key markets and the potential for future expansion – especially in biofuel refining. When it comes to competition, price reigns supreme.Companies aim to get hold of crude oil as cheaply as possible, as low input costs let them charge lower prices while maintaining high returns, giving them an advantage in the market.[1]Alexis0705 (talk) 04:42, 18 December 2023 (UTC)
References
- ^ United kingdom petroleum refining market: Rising oil and petroleum product prices fail to offset declining revenue: Petroleum refining in the UK - industry market research report (2014). Chatham: Newstex.
Request work
[edit]Hi I would like to inform you 5 years I have experience with the oil company I working with the DNO company currently the oil was stopped in my country I want working with the another company 185.244.155.41 (talk) 16:56, 10 June 2023 (UTC)