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U.S. Refiners Reduce Fall Maintenance Plans to 3-Year Low

Bloomberg L.P., September 20, 2024
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US fuelmakers are getting ready to carry out the lightest preventive maintenance season in three years, and the prospect that much of their capacity will stay online is easing some concerns about oil supplies backing up.

Refineries are planning to take about 529,000 barrels of daily crude-processing capacity offline during the fall, market intelligence firm IIR Energy estimated in a preliminary assessment. That’s about half the capacity shut down last year and the lowest for the period since 2021. 

Click here to read the full article from Bloomberg L.P..

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