When processing petroleum, refineries can produce products in varying amounts to meet regional demands. The International Energy Agency’s Monthly Oil Statistics shows that there are differences in refinery output throughout the world. In the Americas, gasoline accounted for just over 40% of the products refined from petroleum in 2019, while in Europe and Asia Oceania, gasoline was less than 20%. Conversely, in Europe, diesel accounted for 40% of the petroleum refined versus about 30% for the Americas and Asia Oceania.
OECD = Organization for Economic Cooperation and Development.
OECD Americas: Canada; Chile; Mexico; United States.
OECD Asia Oceania: Australia; Israel; Japan; Korea; New Zealand.
OECD Europe: Austria; Belgium; Czech Republic; Denmark; Estonia; Finland; France; Germany; Greece; Hungary; Iceland; Ireland; Italy; Latvia; Lithuania; Luxembourg; Netherlands; Switzerland; Norway; Poland; Portugal; Slovak Republic; Slovenia; Spain; Sweden; Turkey; United Kingdom.
Source: International Energy Agency, Monthly Oil Statistics, February 2020, Paris, France.