U.S. Refinery Utilization Reaches 96.2% Amid Global Fuel Market Tightening
U.S. refinery utilization reached 96.2%, with some regions operating at full capacity, as global fuel markets tighten due to geopolitical tensions and low oil inventories. This has led to record high U.S. fuel exports and rising wholesale diesel prices.
Topics: fuel exports global fuel markets oil stocks Strait of Hormuz closure U.S. refinery utilization