Refinery utilization hits 90.8%, the highest since the first week of the year
Refinery throughput is increasing as the summer driving season nears.

U.S. refiners are picking up activity as the summer driving months approach, encouraging markets to increase the number of long bets on oil.

Utilization is expected to increase further during the summer months which should help to draw down growing crude oil stocks. Stronger seasonal demand in the U.S., along with a growing thirst for U.S. crude abroad, should help to strengthen the price of ...


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