Complex Refiner
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When oil companies possess the ability to refine lower grade oil feed stocks, this results in higher margins. When oil prices are higher, the quality of oil that refiners must handle degrades, thus, more complex refiners benefit in times of short supply. Additionally, large, complex refiners can enjoy economies of scale, which further increases margins. …
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SWOT Strength: Complex Refiner
When oil companies possess the ability to refine lower grade oil feed stocks, this results in higher margins. When oil prices are higher, the quality of oil that refiners must handle degrades, thus, more complex refiners benefit in times of short supply. Additionally, large, complex refiners can enjoy economies of scale, which further increases margins.
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