The oil and petroleum refining industry in China has an estimated market value of around 717.6 billion U.S. dollars in 2024. The industry employs more than 741,000 people. Total oil refinery capacity in China has increased to around 18.5 million barrels per day in 2024.
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IBISWorld. (May 15, 2025). Selected figures about the oil and petroleum refining industry in China in 2024 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/1250612/oil-petroleum-refining-in-china-selected-figures/
IBISWorld. "Selected figures about the oil and petroleum refining industry in China in 2024." Chart. May 15, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/1250612/oil-petroleum-refining-in-china-selected-figures/
IBISWorld. (2025). Selected figures about the oil and petroleum refining industry in China in 2024. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/1250612/oil-petroleum-refining-in-china-selected-figures/
IBISWorld. "Selected Figures about The Oil and Petroleum Refining Industry in China in 2024." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 15 May 2025, /statistics/1250612/oil-petroleum-refining-in-china-selected-figures/
IBISWorld, Selected figures about the oil and petroleum refining industry in China in 2024 ÌÇÐÄÆƽâ°æ, /statistics/1250612/oil-petroleum-refining-in-china-selected-figures/ (last visited July 28, 2026)
Selected figures about the oil and petroleum refining industry in China in 2024 [Graph], IBISWorld, May 15, 2025. [Online]. Available: /statistics/1250612/oil-petroleum-refining-in-china-selected-figures/
