Americas: Hurricane Ida Turns the Screws On Output, Flows

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Hurricane Ida’s landfall has roiled the refined products market in the Americas, with its severe impact on refinery throughput. Shut-ins are likely to tally more than 40 million bbl of unproduced products like gasoline, diesel and jet fuel. The storm’s ripple effects can last through the end of the year, affecting not only inventories and prices but also trade flows as the regional market looks to replace lost supplies.

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