Question: Refining, a key component in the global energy value chain, plays an important role in transforming crude oils into a diverse array of important products,
Refining, a key component in the global energy value chain, plays an important role in transforming crude oils into a diverse array of important products, including gasoline, jet fuels, asphalt base, and kerosene. With a daily worldwide refinement of approximately 100 million barrels per day - at a valuation of more than $1.4 trillion USD - oil refining remains an important part of the global economy
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