US oil refineries run at breakneck speeds as wars choke fuel supplies
High utilisation rates aim to counter supply disruptions but raise outage risks, analyst warns
Jakub Pabis
US oil refineries are operating at breakneck speeds, with high utilisation rates, as wars choke global fuel supplies, according to verified data.
The re-escalation of the Iran war has contributed to US refineries running hot, while fuel prices are already up sharply, according to reports.
US refineries running at breakneck speeds create risks of outages
It is reported that high utilisation rates create risks of outages, and that a Mideast war escalation threatens recovery in global oil refining. Two wars are said to put a stranglehold on global energy supplies.
Everything Is Going Wrong at the Same Time
The US is going all-in on diesel production amid a growing global shortage, according to industry reports.
Economics Correspondent · Talivio News
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