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Global Refining Model

BCG’s Global Refining Model provides insights into the current and future refining and petroleum products markets.

Leading refining companies are using the Global Refining Model to test internal views of oil product supply and demand and the outlook for refining margins. The model also helps companies analyze the competitiveness of refining portfolios, the impact of economic and regulatory environments, the outlook for refinery projects, and the trends that will impact value chains.

Specifically, the model can help refining companies:

  • Test internal views of oil product supply and demand and refining margin outlook at the regional level
  • Analyze the competitiveness and robustness of a refining portfolio by refinery, shareholder, country, and region
  • Understand the impact of economic and regulatory changes on the business
  • Forecast trends that affect the value chain
  • Provide an outlook for new refinery projects and units
  • Understand growing and shrinking markets for different crudes
  • Evaluate market trends for all products and components
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