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Global Crude Oil Market is anticipated to witness a CAGR of 3.18% over the forecast period. Download a free sample report now & get free 10 % customization.
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CRUDE OIL MARKET (Global Market Trends, Size, Share & Analysis 2018-2026)
GLOBAL CRUDE OIL MARKET FORECAST 2018-2026 “The Global Crude Oil market is likely to register a healthy CAGR of 3.18% during the forecast period of 2018-2026.” Unrefined petroleum is often termed as crude oil. By employing processes such as fractional distillation, crude oil can be processed to obtain non-renewable fuels like kerosene, petrol, diesel, etc. Over the forecast period of 2018-2026, the global crude oil market is likely to register a healthy CAGR of 3.18%. Inkwood Research
MARKET DRIVERS FLOURISHING TRANSPORTATION INDUSTRY 01 GROWING DEMAND FOR PETROLEUM PRODUCTS 02 HIGH VOLUME HYDRAULIC AND HORIZONTAL DRILLING GROWING IMPORT AND EXPORT OF CRUDE OIL 03 04 Inkwood Research
MARKET INSIGHTS • Overall, this market is segmented on the basis of applications and types. • Crude oil often finds its application in the production of gasoline, diesel fuel& heating oil and other applications. • Factors such as the flourishing transportation industry, growing demand for petroleum products and growing import and export of crude oils are driving the global crude oil market. • The market segment by type is sub-divided into light crude oil and heavy crude oil. Inkwood Research
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REGIONAL INSIGHTS Europe Crude Oil Market Growing at a CAGR 1.65% During the Forecast Period of 2018-2026 Asia Pacific Crude Oil Market Growing at a CAGR 3.76% During the Forecast Period of 2018-2026 North America Crude Oil Market Growing at a CAGR 3.14% During the Forecast Period of 2018-2026 RequestFreeSample Request Free Sample Request Free Sample Inkwood Research
COMPETITIVE INSIGHTS Some of the well-established market companies in this region are Cairn India, Bp Global, Chevron Corporation, Gazprom, Exxon Mobil Corporation, Kuwait Petroleum Corporation, Marathon Petroleum Corporation, Lukoil, National Iranian Oil Corporation (NIOC), Pemex (PetróleosMexicanos), Oil And Natural Gas Corporation Limited (ONGC), Royal Dutch Shell, Sinopec Or China Petroleum & Chevron Corporation, Saudi Aramco, and Total Sa. Inkwood Research
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