A Refinery Yield is represented the percent of finished product produced from input of crude oil and net input of unfinished oils. It is calculated by dividing the sum of crude oil and net unfinished input into the individual net production of finished products. Refinery yield is the measure analysts use to assess how the breakdown of petroleum products coming from crude or unfinished oils varies over time. Refiners can adjust product yields in response to changing product prices and other market conditions. Yield changes are made by varying how refinery process units are used and the type of crude oil that is used.
Related Definitions in the Project: The Operation and Maintenance
