In his latest analysis, the analyst Robbert van Batenburg, who has been reliably bullish on the oil industry, is now arguing that this time is different, and the oil industry is entering a new era of sustainable higher prices and demand.
“The real energy story this week is not the latest twists and turns in the trade talks, but rather the fact that the oil industry is undergoing a structural change: the oil industry is suddenly entering a new super cycle.”
“The oil industry is seeing a structural change for the better due to the following underlying factors:
- Increased oil drilling
- Less oil inventories
- Higher oil demand
- Increased energy investment”
So let's see together if oil refining and marketing are a good career path for you or not.
Is Oil Refining/Marketing A Good Career Path For Me?
Yes. Oil refining/marketing is a good career path, in fact the oil and gas industry in general is a very good career path. If you're looking for a career that allows you to learn and grow, working for an oil refining or marketing company might be ideal-The oil and gas industry is a great career path
The oil industry is one of the largest industries in the world. Oil is used for a variety of purposes, including fuel, plastics and lubricants. Oil refining and oil marketing are a great career path because they can lead to a variety of different jobs.
One of the most common types of job in the oil industry is a refinery technician. A refinery technician works in an oil refinery and helps keep everything running smoothly.
Another common job in the oil industry is an oil marketer. An oil marketer sells oil to people or companies that need it.
Oil refineries and oil marketers make up only a small part of the whole oil industry, but they are some of the most common jobs.
If you want to work in the oil industry, you should have at least some training before you start looking for a job.
The conversion of crude oil into commercial goods like fuels, lubricants, and kerosene requires the process of oil refining. A typical oil-refining procedure includes a number of processing steps, including distillation, cracking, coking, reforming, posttreatment, and product refining.
Oil marketing refers to the strategies and tactics energy businesses do to build brand recognition, attract customers and prospects, and increase awareness of their enterprises. Today, a lot of businesses are shifting a large portion of their marketing resources to internet marketing techniques and digital tactics. For instance, downstream firms rely substantially on the marketing of petroleum products because of the wide range of customers it serves, from major industries to individual consumers.
What is The Easiest Career Path in The Oil industry?
The oil industry offers a variety of career paths, from engineering and geology to marketing and finance including oil refining . There is a role for everyone in the oil industry, and the possibilities are endless.. Many people in the industry find that they are able to learn a lot and grow in their careers. There are many different types of jobs in the industry, so you can find one that fits your skills and interests. There are also many different types of companies in the industry, so you can find one that is a good fit for you.to choose. There are plenty of reasons to consider a career in the oil industry, including the potential for good pay, job security, and the opportunity to work in a variety of interesting and challenging environments.
What Do Oil Refining/Marketing Jobs Pay ?
The average salary of oil refining/marketing jobs in US is $166,000 per year and these workers hold over 634,000 jobs. Today’s top 27,000+ Refinery jobs in United States. Which oil & gas industry job is right for you? Jobs in oil refining can be extremely rewarding, but they can also be extremely challenging. We are committed to responsible operations, safety and environmental stewardship. Refinery Maintenance Mechanic Job Description Refinery Maintenance Mechanics install, maintain and repair the equipment used in refining crude oil into petroleum products. Search Refining engineer jobs in United States with company ratings & salaries. Search for full time or part time employment opportunities on Jobs2Careers. *This is not a job listing for Arconic reverberating, Arconic does not hire through recruiting agencies. The average salary for a Refinery Superintendent is $130,394. Refinery Maintenance Mechanic Job Description Refinery Maintenance Mechanics install, maintain and repair the equipment used in refining crude oil into petroleum products.
That being said, oil refineries do not produce anymore oil than they did 10 years ago. There are only about 150 oil refineries in the US today (before the crash in the 80's there were almost double that) while oil production has been increasing rapidly.
Oil is such a large part of the global economy that it's not just one company or another that is controlling it, but rather a variety of things.
The five largest oil companies in the world are :
- Exxon Mobil Corp.
- Royal Dutch Shell Plc.
- Chevron Corp.
- Total SA.
- BP Plc.
These companies produce about 20% of the world's oil, but they are all publicly traded companies.
About 60% of the world's oil is owned by national oil companies (NOCs).