Surada said that oil was a global COMMODITY, not that refineries are globally owned, you are the one that made the mix up. Might wanna do a bit closer reading so you don't make yourself look like an idiot.
BTW..................here's the definition of commodity, of which oil certainly is one, and on the global scale.
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Definition of COMMODITY
an economic good: such as; a product of agriculture or mining; an article of commerce especially when delivered for shipment… See the full definitionwww.merriam-webster.com
commodity
noun
com·mod·i·ty kə-ˈmä-də-tē
pluralcommodities
1: an economic good: such as
a: a product of agriculture or mining
agricultural commodities like grain and corn
b: an article of commerce especially when delivered for shipment
reported the damaged commodities to officials
c: a mass-produced unspecialized product
commodity chemicals
commodity memory chips
2a: something useful or valued
that valuable commodity, patience
also : THING, ENTITY
b: CONVENIENCE, ADVANTAGE
… the many commodities incidental to the life of a public office …—Charles Lamb
3: a good or service whose wide availability typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price
4: one that is subject to ready exchange or exploitation within a market
… stars as individuals and as commodities of the film industry.—Film Quarterly
Thanks. I've run out of patience for such idiocy.