About the Petroleum Refining in Newfoundland Market Research Report
What’s Included in the Petroleum Refining in Newfoundland Market Research Report
Definition of the Petroleum Refining in Newfoundland?
This industry refines crude petroleum through fracking and distillation to produce gasoline, diesel fuels and other fuel oils.
What’s included in the Petroleum Refining in Newfoundland?
The Petroleum Refining in Newfoundland includes production of gasoline, production of diesel fuels, production of fuel oil, production of aviation fuel, production of heating oil and production of liquefied petroleum gases. Related terms covered in the Petroleum Refining in Newfoundland industry report includes an oil sand extraction technique where steam or solvents are injected into oil sand reserves to lower viscosity, permitting oil to flow into wells, the thickness of crude oil and petroleum products. low viscosity crude oil typically has lower refining costs, the difference between the value of refined petroleum products and cost of crude oil inputs. profit margin for petroleum refineries and a unit of measure for crude oil and petroleum products. one cubic metre is equal to about 6.3 barrels.
Industry Performance of the Petroleum Refining industry in Newfoundland
Benchmark the Petroleum Refining in Newfoundland industry performance with all NL Census Metropolitan Area and national performance.
Petroleum Refining in Newfoundland
#7 in Highest Revenue 1.9% of province's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Petroleum Refining in Canada
Revenue (2025)
Annual Growth (2020-25)
Annual Growth ()
For the full list of industry drivers, see report purchase options.
Key Drivers of the Petroleum Refining industry in Newfoundland
See how key industry drivers, such as median houshold income, private investment in non-residential construction, gross domestic product, world price of crude oil, us gross domestic product (gdp) and canadian effective exchange rate index are impacting Petroleum Refining in Newfoundland
Newfoundland Economic Indicators
Median Houshold Income
Private Investment in Non-Residential Construction
Gross Domestic Product
View more economic information in NL State Economic profile
Canada Key External Drivers
World price of crude oil
US Gross domestic product (GDP)
Canadian effective exchange rate index
For the full list of industry drivers, see report purchase options.
Census Metropolitan Area Data of the Petroleum Refining industry in Newfoundland
Key Statistics of the Petroleum Refining industry in Newfoundland
Download 18 years of historical data and 5 years of projected performance.


