Oil Refinery Throughput โ - Oil Refinery Throughput refers to the actual volume of crude oil and other refinery feedstocks processed by petroleum refineries during a given period. It is typically measured in thousand barrels per day (kb/d) and represents the operational output of the refining sector rather than its installed capacity. This indicator reflects the extent to which refinery infrastructure is utilized to convert crude oil into refined petroleum products such as gasoline, diesel, jet fuel, kerosene, fuel oil, liquefied petroleum gas (LPG), and other petroleum products. Oil Refinery Throughput is widely used to assess refinery operations, downstream petroleum activity, fuel production levels, and the efficiency of refinery utilization.
It serves as an important indicator of refinery utilization, fuel production, industrial efficiency, energy security, and Australia's ability to supply domestic petroleum product demand.
Australia recorded oil refinery throughput of 427 thousand barrels daily in 2015, increasing slightly to 433 thousand barrels daily in 2016 before declining to 419 thousand barrels daily in 2017. Throughput increased to 474 thousand barrels daily in 2018 and remained relatively high at 465 thousand barrels daily in 2019. In 2020, refinery throughput declined to 388 thousand barrels daily because of reduced fuel demand and pandemic-related operational disruptions. Processing volumes fell further to 308 thousand barrels daily in 2021 and declined again to 248 thousand barrels daily in 2022, remaining unchanged at 248 thousand barrels daily in 2023, reflecting refinery closures and lower domestic refining activity.
Overall, the dataset indicates a long-term decline in refinery throughput following the pandemic. The sustained lower processing volumes highlight structural changes in Australia's refining sector, including refinery rationalization and greater reliance on imported refined petroleum products.
The dataset is valuable for evaluating Australia's refinery throughput trends, analyzing downstream industry performance, and assessing crude oil processing activity. It supports refinery utilization analysis, investment planning, energy security assessments, and policy evaluation while providing valuable insights for researchers, analysts, industry stakeholders, and policymakers studying refinery efficiency, infrastructure utilization, and the future development of Australia's petroleum refining industry.