The Vacuum Gas Oil price is not a single number but a complex interplay of crude oil prices, refined product values (gasoline, diesel), processing costs, and regional market balances. The Vacuum Gas Oil Market has seen significant price volatility due to shifts in refinery capacity, IMO 2020 regulations, and the global energy transition. For crude oil traders, refinery...

According to a new report from Intel Market Research, the Middle East & Africa petrochemicals market was valued at USD 98.13 billion in 2024 and is projected to grow from USD 101.27 billion in 2025 to USD 125.48 billion by 2032, exhibiting a steady CAGR of 3.1% during the forecast period. This growth is fueled by increasing industrialization and infrastructure development across the region,...