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Annual utilization rate of operable crude oil refineries worldwide in 2024, with a forecast until 2050 (as a percentage of calendar day capacity)

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Source

Release date

2025

Region

Worldwide

Survey time period

2024

Special properties

* Forecast

Citation formats

Global crude refineries' utilization rate 2024-2050

Published by
Doris Dokua Sasu,
Apr 15, 2026

The utilization rate of worldwide crude oil refineries stood at **** percent in 2024. It is forecast that this figure will increase further until 2030, before an expected decrease in the demand of oil products would lead to a fall in refinery utilization.

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Oil refinery industry worldwideOil industry worldwideOil and gas transportation worldwideOil industry in the U.S.Oil rig industry worldwide
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