102.80000 ILA
1.1
1.06%
Last update Dec 15, 5:13 PM IST
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Day range
102.099998
104
Previous close
103.90000
Open
102.099998
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Oil Refineries Ltd.
102.80
1.10
1.06%

Overview

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Description

Oil Refineries Ltd. is a company engaged in the refining and marketing of petroleum products. As a key player in the energy sector, the company operates refineries that process crude oil into a variety of petroleum products, including gasoline, diesel, jet fuel, and petrochemical feedstocks. These refined products are essential for numerous industries, such as transportation, manufacturing, and agriculture, underpinning a wide array of economic activities. Moreover, Oil Refineries Ltd. contributes significantly to its local and regional markets by ensuring a steady supply of vital fuels, helping to stabilize fuel costs and ensuring energy security. The company also engages in the distribution and marketing of its products, extending its influence across the whole value chain in the oil sector. In the broader financial market, companies like Oil Refineries Ltd. are instrumental in the global energy supply chain, impacting economies through their operations. Their activities can be influenced by global oil prices, regulatory changes, and technological advancements in energy production and consumption. Consequently, they represent an essential component for investors tracking energy market dynamics and those interested in the industry’s contribution to economic growth.

About

CEO
Mr. Shlomo Basson
Employees
1492
Address
PO Box 4
Mefard Haifa
Haifa, 3100001
Phone
972 4 878 8111
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Country
Israel
MIC code
XTAE
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