Global Oil Market Weekly Highlights

REFINERY THROUGHPUTS
IEA's adjusted crude run forecasts for 2024 as China's refining declines.
The International Energy Agency (IEA) has revised its 2024 global crude run forecasts, lowering estimates by 180K b/d from 83MM b/d  to 82.8MM b/d.
October 20, 2024
REFINERY THROUGHPUTS
Implications of Phillips 66's closure of Los Angeles refinery on California's fuel market.
US major independent refiner has confirmed it will close its Wilmington, California refinery, with a capacity of 139K b/d, by the fourth quarter of 2025.
October 20, 2024