IMG.gif
Markets

Americas: US Refiners Go Down Just as Europe's Demand Goes Up

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
refineries/ss612580475-refinery.jpg

Downstream outages and impending maintenance are crimping supplies of refined products in the Americas. Severe and unseasonable weather have also served to blunt demand for certain fuels, helping to muffle the market impacts so far. But as the European Union’s embargo on Russian products draws nearer, the lack of refinery throughputs could become more acutely felt as Europe’s reliance on other suppliers of fuel, including the US, tightens the market in the Americas.

Topics:
Oil Products, Oil Trade, Oil Supply
Wanda Ad #2 (article footer)
#
Uncertainty reigns as the dual impact of the European Union's bans on the import of Russian crude and product takes shape.
Tue, Jan 24, 2023
China's crude demand is recovering, boosted by rising refinery throughput, healthy gasoline demand and the rebuilding of crude inventories.
Fri, Feb 3, 2023