US refining capacity drops 4.5% on weak demand during COVID-19 pandemic

US refining capacity drops 4.5% on weak demand during COVID-19 pandemic
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28.06.2021

MOSCOW (MRC) -- US refining capacity last year fell 4.5% to 18.13 million barrels per day (bpd) from a record 18.98 million bpd a year earlier, the US government reported, reflecting weak demand for motor fuels during the COVID-19 pandemic, according to Reuters.It was the first annual decline since 2018, when capacity fell by 18,530 bpd and the largest since 2012, according to Energy Info

Full article at mrcplast.com

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