Selected research
Industry Research
Refined Oil Trading Industry Research Report 2026
Market perspective
The global Refined Oil Trading market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Refined Oil Trading market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Refined Oil Trading market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Refined Oil Trading market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Refined Oil Trading include Vitol Group, Trafigura Group, Glencore, Gunvor Group, Mercorria, BP, Shell, Total Energy and Chevron, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Refined Oil Trading market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Refined Oil Trading.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Refined Oil Trading Market by Company
Vitol Group
Trafigura Group
Glencore
Gunvor Group
Mercorria
BP
Shell
Total Energy
Chevron
OQ
Maersk
GS Global
Koch Industries
Fortune Oil
Strong PetroChemical
ZhenHua Oil
PetroChina
Sinopec
MIN HAI GROUP
Sinochem
Refined Oil Trading Segment by Type
Gasoline
Diesel
Lubricants
Other
Refined Oil Trading Segment by Application
Fuel
Industrial
Others
Refined Oil Trading Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Refined Oil Trading market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Refined Oil Trading and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Refined Oil Trading.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Refined Oil Trading companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Gasoline
- Diesel
- Lubricants
- Other
Applications
- Fuel
- Industrial
- Others
Companies covered
- Vitol Group
- Trafigura Group
- Glencore
- Gunvor Group
- Mercorria
- BP
- Shell
- Total Energy
- Chevron
- OQ
- Maersk
- GS Global
- Koch Industries
- Fortune Oil
- Strong PetroChemical
- ZhenHua Oil
- PetroChina
- Sinopec
- MIN HAI GROUP
- Sinochem
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Refined Oil Trading by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Gasoline
- 2.2.3 Diesel
- 2.2.4 Lubricants
- 2.2.5 Other
- 2.3 Refined Oil Trading by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Fuel
- 2.3.3 Industrial
- 2.3.4 Others
- 2.4 Assumptions and Limitations
3 Refined Oil Trading Breakdown Data by Type
- 3.1 Global Refined Oil Trading Historic Market Size by Type (2021-2026)
- 3.2 Global Refined Oil Trading Forecasted Market Size by Type (2027-2032)
4 Refined Oil Trading Breakdown Data by Application
- 4.1 Global Refined Oil Trading Historic Market Size by Application (2021-2026)
- 4.2 Global Refined Oil Trading Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Refined Oil Trading Market Perspective (2021-2032)
- 5.2 Global Refined Oil Trading Growth Trends by Region
- 5.2.1 Global Refined Oil Trading Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Refined Oil Trading Historic Market Size by Region (2021-2026)
- 5.2.3 Refined Oil Trading Forecasted Market Size by Region (2027-2032)
- 5.3 Refined Oil Trading Market Dynamics
- 5.3.1 Refined Oil Trading Industry Trends
- 5.3.2 Refined Oil Trading Market Drivers
- 5.3.3 Refined Oil Trading Market Challenges
- 5.3.4 Refined Oil Trading Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Refined Oil Trading Players by Revenue
- 6.1.1 Global Top Refined Oil Trading Players by Revenue (2021-2026)
- 6.1.2 Global Refined Oil Trading Revenue Market Share by Players (2021-2026)
- 6.2 Global Refined Oil Trading Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Refined Oil Trading Head Office and Area Served
- 6.4 Global Refined Oil Trading Players, Product Type & Application
- 6.5 Global Refined Oil Trading Manufacturers Established Date
- 6.6 Global Refined Oil Trading Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Refined Oil Trading Market Size (2021-2032)
- 7.2 North America Refined Oil Trading Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Refined Oil Trading Market Size by Country (2021-2026)
- 7.4 North America Refined Oil Trading Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Refined Oil Trading Market Size (2021-2032)
- 8.2 Europe Refined Oil Trading Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Refined Oil Trading Market Size by Country (2021-2026)
- 8.4 Europe Refined Oil Trading Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Refined Oil Trading Market Size (2021-2032)
- 9.2 Asia-Pacific Refined Oil Trading Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Refined Oil Trading Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Refined Oil Trading Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Refined Oil Trading Market Size (2021-2032)
- 10.2 South America Refined Oil Trading Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Refined Oil Trading Market Size by Country (2021-2026)
- 10.4 South America Refined Oil Trading Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Refined Oil Trading Market Size (2021-2032)
- 11.2 Middle East & Africa Refined Oil Trading Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Refined Oil Trading Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Refined Oil Trading Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Vitol Group
- 12.1.1 Vitol Group Company Information
- 12.1.2 Vitol Group Business Overview
- 12.1.3 Vitol Group Revenue in Refined Oil Trading Business (2021-2026)
- 12.1.4 Vitol Group Refined Oil Trading Product Portfolio
- 12.1.5 Vitol Group Recent Developments
- 12.2 Trafigura Group
- 12.2.1 Trafigura Group Company Information
- 12.2.2 Trafigura Group Business Overview
- 12.2.3 Trafigura Group Revenue in Refined Oil Trading Business (2021-2026)
- 12.2.4 Trafigura Group Refined Oil Trading Product Portfolio
- 12.2.5 Trafigura Group Recent Developments
- 12.3 Glencore
- 12.3.1 Glencore Company Information
- 12.3.2 Glencore Business Overview
- 12.3.3 Glencore Revenue in Refined Oil Trading Business (2021-2026)
- 12.3.4 Glencore Refined Oil Trading Product Portfolio
- 12.3.5 Glencore Recent Developments
- 12.4 Gunvor Group
- 12.4.1 Gunvor Group Company Information
- 12.4.2 Gunvor Group Business Overview
- 12.4.3 Gunvor Group Revenue in Refined Oil Trading Business (2021-2026)
- 12.4.4 Gunvor Group Refined Oil Trading Product Portfolio
- 12.4.5 Gunvor Group Recent Developments
- 12.5 Mercorria
- 12.5.1 Mercorria Company Information
- 12.5.2 Mercorria Business Overview
- 12.5.3 Mercorria Revenue in Refined Oil Trading Business (2021-2026)
- 12.5.4 Mercorria Refined Oil Trading Product Portfolio
- 12.5.5 Mercorria Recent Developments
- 12.6 BP
- 12.6.1 BP Company Information
- 12.6.2 BP Business Overview
- 12.6.3 BP Revenue in Refined Oil Trading Business (2021-2026)
- 12.6.4 BP Refined Oil Trading Product Portfolio
- 12.6.5 BP Recent Developments
- 12.7 Shell
- 12.7.1 Shell Company Information
- 12.7.2 Shell Business Overview
- 12.7.3 Shell Revenue in Refined Oil Trading Business (2021-2026)
- 12.7.4 Shell Refined Oil Trading Product Portfolio
- 12.7.5 Shell Recent Developments
- 12.8 Total Energy
- 12.8.1 Total Energy Company Information
- 12.8.2 Total Energy Business Overview
- 12.8.3 Total Energy Revenue in Refined Oil Trading Business (2021-2026)
- 12.8.4 Total Energy Refined Oil Trading Product Portfolio
- 12.8.5 Total Energy Recent Developments
- 12.9 Chevron
- 12.9.1 Chevron Company Information
- 12.9.2 Chevron Business Overview
- 12.9.3 Chevron Revenue in Refined Oil Trading Business (2021-2026)
- 12.9.4 Chevron Refined Oil Trading Product Portfolio
- 12.9.5 Chevron Recent Developments
- 12.10 OQ
- 12.10.1 OQ Company Information
- 12.10.2 OQ Business Overview
- 12.10.3 OQ Revenue in Refined Oil Trading Business (2021-2026)
- 12.10.4 OQ Refined Oil Trading Product Portfolio
- 12.10.5 OQ Recent Developments
- 12.11 Maersk
- 12.11.1 Maersk Company Information
- 12.11.2 Maersk Business Overview
- 12.11.3 Maersk Revenue in Refined Oil Trading Business (2021-2026)
- 12.11.4 Maersk Refined Oil Trading Product Portfolio
- 12.11.5 Maersk Recent Developments
- 12.12 GS Global
- 12.12.1 GS Global Company Information
- 12.12.2 GS Global Business Overview
- 12.12.3 GS Global Revenue in Refined Oil Trading Business (2021-2026)
- 12.12.4 GS Global Refined Oil Trading Product Portfolio
- 12.12.5 GS Global Recent Developments
- 12.13 Koch Industries
- 12.13.1 Koch Industries Company Information
- 12.13.2 Koch Industries Business Overview
- 12.13.3 Koch Industries Revenue in Refined Oil Trading Business (2021-2026)
- 12.13.4 Koch Industries Refined Oil Trading Product Portfolio
- 12.13.5 Koch Industries Recent Developments
- 12.14 Fortune Oil
- 12.14.1 Fortune Oil Company Information
- 12.14.2 Fortune Oil Business Overview
- 12.14.3 Fortune Oil Revenue in Refined Oil Trading Business (2021-2026)
- 12.14.4 Fortune Oil Refined Oil Trading Product Portfolio
- 12.14.5 Fortune Oil Recent Developments
- 12.15 Strong PetroChemical
- 12.15.1 Strong PetroChemical Company Information
- 12.15.2 Strong PetroChemical Business Overview
- 12.15.3 Strong PetroChemical Revenue in Refined Oil Trading Business (2021-2026)
- 12.15.4 Strong PetroChemical Refined Oil Trading Product Portfolio
- 12.15.5 Strong PetroChemical Recent Developments
- 12.16 ZhenHua Oil
- 12.16.1 ZhenHua Oil Company Information
- 12.16.2 ZhenHua Oil Business Overview
- 12.16.3 ZhenHua Oil Revenue in Refined Oil Trading Business (2021-2026)
- 12.16.4 ZhenHua Oil Refined Oil Trading Product Portfolio
- 12.16.5 ZhenHua Oil Recent Developments
- 12.17 PetroChina
- 12.17.1 PetroChina Company Information
- 12.17.2 PetroChina Business Overview
- 12.17.3 PetroChina Revenue in Refined Oil Trading Business (2021-2026)
- 12.17.4 PetroChina Refined Oil Trading Product Portfolio
- 12.17.5 PetroChina Recent Developments
- 12.18 Sinopec
- 12.18.1 Sinopec Company Information
- 12.18.2 Sinopec Business Overview
- 12.18.3 Sinopec Revenue in Refined Oil Trading Business (2021-2026)
- 12.18.4 Sinopec Refined Oil Trading Product Portfolio
- 12.18.5 Sinopec Recent Developments
- 12.19 MIN HAI GROUP
- 12.19.1 MIN HAI GROUP Company Information
- 12.19.2 MIN HAI GROUP Business Overview
- 12.19.3 MIN HAI GROUP Revenue in Refined Oil Trading Business (2021-2026)
- 12.19.4 MIN HAI GROUP Refined Oil Trading Product Portfolio
- 12.19.5 MIN HAI GROUP Recent Developments
- 12.20 Sinochem
- 12.20.1 Sinochem Company Information
- 12.20.2 Sinochem Business Overview
- 12.20.3 Sinochem Revenue in Refined Oil Trading Business (2021-2026)
- 12.20.4 Sinochem Refined Oil Trading Product Portfolio
- 12.20.5 Sinochem Recent Developments
13 Report Conclusion
14 Disclaimer
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