Definition of Refinery utilization rate

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TeachMeFinance.com - explain Refinery utilization rate



Refinery utilization rate

The term 'Refinery utilization rate' as it applies to the area of energy can be defined as ' Represents the use of the atmospheric crude oil distillation units. The rate is calculated by dividing the gross input to these units by the operable refining capacity of the units'.

Previous 5 Terms:
Refinery input, crude oil
Refinery input, total
Refinery losses and gains
Refinery output
Refinery production
Next 5 Terms:
Refinery yield
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reflect
reflected wave
reflection




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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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