Gulf Coast Refineries Operating at Peak Capacity Due to Export Surge

Reported 3 days ago

US Gulf Coast refineries are operating at their highest capacity for this time of year in over 30 years, driven by strong fuel demand from Mexico and Brazil. Last week, these refineries processed 9.31 million barrels of crude oil daily, the highest for this period since 1992, as the US prepares to export nearly 3 million barrels daily this month, benefiting from Mexico's refinery challenges and Brazil's record diesel demand amid economic growth.

Source: YAHOO

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