Oil Refinery Throughput β - 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 Saudi Arabia's position as one of the world's leading petroleum refining and fuel exporting nations.
Saudi Arabia recorded oil refinery throughput of 2.45 million barrels daily in 2015, increasing to 2.75 million barrels daily in 2016 and 2.80 million barrels daily in 2017. Throughput remained relatively stable at 2.77 million barrels daily in 2018 before declining to 2.65 million barrels daily in 2019. In 2020, refinery throughput decreased to 2.40 million barrels daily because of lower global fuel demand and pandemic-related disruptions. Processing volumes recovered to 2.77 million barrels daily in 2021, reached a record 3.02 million barrels daily in 2022, and moderated slightly to 2.81 million barrels daily in 2023, reflecting strong refinery operations and export-oriented downstream activity.
Overall, the dataset indicates a positive long-term trend in refinery throughput despite temporary disruptions during 2020. The subsequent recovery highlights improving refinery utilization, expanding downstream capabilities, and sustained global demand for refined petroleum products.
The dataset is valuable for evaluating Saudi Arabia'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 development, and the long-term competitiveness of Saudi Arabia's petroleum refining industry.