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There are xx employees in the Petroleum Refining industry in the US, which is expected to decline at xx% over the next five years. Industry operators refine crude oil into petroleum products. Petroleum refining involves one or more of activities including fractionation, straight distillation of crude oil and cracking. This industry does not include companies that extract crude oil or retail gasoline.
Curious about what drives these trends? IBISWorld's Petroleum Refining in the US industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Asphalt Manufacturing in the US |
|
XX% | XX% | $XX |
| Lubricant & Other Petroleum Product Manufacturing in the US |
|
XX% | XX% | $XX |
| Oil Pipeline Transportation in the US |
|
XX% | XX% | $XX |
| Refined Petroleum Pipeline Transportation in the US |
|
XX% | XX% | $XX |
| Petroleum Refining in Canada |
|
XX% | XX% | $XX |
| Petroleum Refining & Petroleum Fuel Manufacturing in Australia |
|
XX% | XX% | $XX |
| Petroleum Refining in the UK |
|
XX% | XX% | $XX |
| Oil & Petroleum Refining in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 56,197 people employed in the Petroleum Refining in the US as of 2026.
The number of people employed in the Petroleum Refining in the US declined -0.2% on average over the five years between 2021 and 2026.
See our full analysis of the Petroleum Refining in the US to understand if the industry employment is expected to grow or decline over the next five years.
The average Petroleum Refining in the US business is 968.9 employees.
The average business in the Petroleum Refining in the US now employs less workers than it did five years ago.
The revenue per employee for the average business in the Petroleum Refining in the US has increased in the last five years.