Development of world oil refining in the context of the coronavirus pandemic

The article is devoted to the analysis of changes that are taking place in global oil refining industry under influence current recession world economy. Despite recovery economy after pandemic, nevertheless, risks an intensification geopolitical conflict have led unprecedentedly difficult situation energy markets. Newly emerging restrictions international trade, including form sanctions, unstable development industry. In turn, uncertainty dynamics prices, as shown article, well trends transition a low-carbon economy, make it predict and gas industry, refining. serious observed structure fuel production consumption United States will significant impact on study future, where there already shortage capacity prices for petroleum products. introduction additional capacities refining, noted not positive product markets short term.