Refining market outlook to 2050
Thank you for downloading our whitepaper, 'The future of refining: What lies ahead to 2050?' This analysis, powered by our Refining System Model, explores future demand scenarios and their impact on the refining industry.
Refining System Model
The Refining System Model is a web-based tool designed to help companies like Repsol anticipate and adapt to evolving crude and product markets. With shifting demand, regulatory changes and the rise of biofuels, refining economics are more complex than ever.
Our model provides a bottom-up analysis of the global refining system, incorporating granular data on refinery configurations, capacities, yields and crude grades. It also integrates refining economics with investment cycles, trade patterns, and price forecasts. By factoring in regional market developments, emerging technologies, carbon policies and infrastructure developments, the model delivers a complete market outlook.
Support Repsol’s investment decisions by customizing scenarios through 2050 to:
- Forecast refining margins, utilization and product pricing
- Assess refinery performance under different market conditions
- Identify where new refining capacity is needed or where rationalization will occur
- Analyze regional balances and trade shifts
- Understand biofuel supply impact and future emissions policies
Stay ahead of market shifts with data-driven insights.
Events and Webinars
Register for our upcoming events and webinars, including:
- Rystad Energy Institute + BI: Leading through the energy transition | 02 March 2025 - 07 April 2025 | Oslo, Norway
- Singapore Market Talk - Upstream & CCUS | 20 March 2025 | 8:30am - 10:30am SGT | Singapore
- New York Market Briefing | 20 March 2025 | 12:00pm - 1:30pm EST | New York, NY, United States
The following on-demand webinar recordings may also be of interest to you:
- Rystad Talks Energy | The Oil Market puzzle: Prices, policies and power shifts
- Industry pulse: top bottlenecks to decarbonization in 2025
- Rystad Talks Energy | Redefining success for oil and gas energy companies
- Rystad Talks Industry | Beyond COP29: Is a green world achievable?
- US Lower 48: Major trends shaping the shale market in 2025
- Rystad Talks Energy | Global Energy Scenarios 2024: The transition is accelerating
- Rystad Talks Energy | Renewable energy trends and gas demand in Europe