Despite recent slump US crude refining is highest in 5 years
pauldial.substack.com
The EIA has reported US crude refining slowing in the last 2 weeks of data. This trend appears to parallel the short-term trend for this time in 2023. Despite this recent slump, 2024 YTD US crude refining has increased +0.3md compared to 2023. The current US crude refining input is at the highest level since 2019.
Despite recent slump US crude refining is highest in 5 years
Despite recent slump US crude refining is…
Despite recent slump US crude refining is highest in 5 years
The EIA has reported US crude refining slowing in the last 2 weeks of data. This trend appears to parallel the short-term trend for this time in 2023. Despite this recent slump, 2024 YTD US crude refining has increased +0.3md compared to 2023. The current US crude refining input is at the highest level since 2019.