Refined oil products production
In 2025, the global production of refined oil products slowed down for the fourth year in a row (+1%).
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Nigeria’s oil product production doubled in 2025, nearly covering its domestic demand.
In 2025, the global production of refined oil products slowed down for the fourth year in a row (+1%).
Refined oil products production increased by 1% in 2025, with a stronger growth in China, Nigeria, and Saudi Arabia.
After a 1% drop in 2024 that was due to a flat demand and depressed refining margins, oil products production in China rebounded by nearly 3% amid significant refining capacity expansion. Refinery throughputs also increased in Nigeria (doubling thanks to the full operation of a 650 kb/d refinery commissioned in 2023), Saudi Arabia, the UAE (+6% each), Mexico (+7% thanks to ramp up of a new refinery), Iran (+2%), and Japan (+3%). Production grew by less than 1% in India, as oil product consumption slowed down.
On the other hand, oil product production remained stable in the USA and Canada and declined in Europe, in Russia (-2% each), in South Korea and in Brazil (-1% each).
Breakdown by country (Mt)
World
Trend over 1990 - 2025 - Mt
% in total production (2025) - Mtep
Powering Growth, Not Emissions
Global growth returns to pre-crisis patterns—but emissions are not decreasing fast enough for climate goals. As renewables surge and electricity demand accelerates, fossil fuels remain dominant. Discover the key trends reshaping energy and decarbonisation across the G20 in 2025.
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