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sustained healthy refining margins early this year. Refining utilization rates during May reached levels not seen in 2 years ..... sustained healthy refining margins early this year. Refining utilization rates during May reached levels not seen in 2 years
b/d, up 2.1% from last June. Gains were recorded in all categories of fuels. Refining activity U.S. refining utilization in June was the highest for any month in nearly 20 years at 98.5%; east of the Rocky Mountains, the utilization
and the lastest report on US stocks from the American Petroleum Institute suggest that crude stocks grew even as refining utilization rates remained high. With NYMEX crude futures tumbling by more than $3/bbl in the past week in response to
years, while US refinery utilization is at its lowest point since February 2000, said Warburton. "We expect refining utilization to recover once the effects of the recent weather disruptions have passed," he said. "However, this is also
are refining margins up as much as 14%, upcoming low-sulfur fuel specifications in the US and Europe, high refining utilization rates, strong petrochemical demand, and increased energy demand in China and India. Refining In a response to
that total refining capacity in the fourth quarter of 2000 will average 16.7 million b/d. In 1998 the average refining utilization rate rose to 95.6%, nearly full sustainable capacity as some excess is required for maintenance downtime and
year of growing US demand is sustaining the high refining utilization rates of recent years. OGJ expects that utilization ..... utilization rate was 92.3%. In 1998, the average refining utilization rate rose to 95.6%, nearly at full sustainable
emphasizing significant improvement in overall refining utilization rate and product quality. It is focusing on development ..... account for a combined capacity of 387,200 b/d. Refining utilization nationwide currently stands at about 78%. China
governments. The efficiency of Chinese refineries has improved significantly during the past 5 years. Overall refining utilization fell from 93% in 1988 to 83% in 1994. China's refining industry also is focusing on the development and efficient
d by 1996 will compare with an anticipated crude oil throughput increase of 4 million b/d. As a result, the refining utilization rate will increase from 85.1% in 1993 to 89.5% in 1996. Periodic maintenance downtime, accidents, weather