Economic aspects of the development of the world markets of petroleum products since the middle of the XX century
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The study of the development of the world markets of petroleum products in the period from 1950 to 2021 allows us to conclude that up to 2014 there was a steady increase in the total capacity of the world oil industry . The increase in capacity occurred against the background of a quantitative decrease in oil refineries and an increase in their production capacity. The decrease in the number of small oil refining units was accompanied by an increase in the average capacity in the oil industry.
1933 ◽
Vol 125
(1)
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pp. 685-699
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2013 ◽
Vol 59
(No. 8)
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pp. 361-372
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2021 ◽
Vol 12
(5)
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pp. 709-713
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