The Oils Segment in United States of America registered a Market volume of 1,862.62 million kilograms in 2025
The indicator recorded a historical growth (CAGR) of 2.10% between 2022 to 2025, and is expected to grow by...
GlobalData projects the indicator to grow at a CAGR of...
Oil and gas market in the USA
The oil and gas market volume are defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country. The value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the hub price of crude oil.
The length of the pandemic and restrictions introduced by various countries are still difficult to predict, though many governments had introduced the national lockdowns and temporarily banned sales of products that are deemed “non-essential”.
Who are the leading players?
BP Plc is the largest oil and gas company in the United Kingdom. BP Plc (BP) is an integrated oil and gas company. Its upstream activities include exploration, development and production of oil and natural gas, field development and production; and midstream operations include transportation, and sectoring and trading of natural gas, including liquefied natural gas (LNG), and power and natural gas liquids (NGLs).
Exxon Mobil Corporation is one of the largest oil and gas companies in the United Kingdom. Exxon Mobil Corp (ExxonMobil) carries out upstream and downstream operations. The company also has interests in petrochemicals business and power generation facilities. The company operates through three reportable business segments, Upstream, Downstream and Chemicals. It continues to invest in its core business sectors to expand its assets base.
Centrica Plc (Centrica) is an integrated energy company. It carries out electricity generation through and combined cycle gas turbine (CCGT) power stations, and nuclear power plants through its stake in EDF Energy Nuclear Generation. Centrica secures and supply gas and electricity to homes and businesses and offers a range of home energy solutions and low carbon products and services.
Nexen Energy ULC (Nexen Energy), formerly Nexen Inc., a subsidiary of CNOOC Limited, is an upstream oil and gas company that discovers and develops energy resources. It is involved in the production of conventional oil and gas, oil sands, and shale gas.
Switzerland
United States of America
France
United States of America
Netherlands
China
China
South Korea
China
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