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Offline US Refining Capacity Seen Rising 408kbd

REFINING

U.S. oil refinery capacity is seen rising 408,000 bpd for the week ended May 24 w/w according to IRR.

  • U.S. oil refiners are expected to have about 122,000 bpd of capacity offline in the week ending May 24.
  • Offline capacity is expected to fall to 87,000bpd in the week ending May 31.

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U.S. oil refinery capacity is seen rising 408,000 bpd for the week ended May 24 w/w according to IRR.

  • U.S. oil refiners are expected to have about 122,000 bpd of capacity offline in the week ending May 24.
  • Offline capacity is expected to fall to 87,000bpd in the week ending May 31.

Keep reading...Show less