U.S. oil refiners are expected to have about 809,000 barrels per day (bpd) of capacity offline for the week ending March 29, marking an increase in available refining capacity of 8,000 bpd, research company IIR Energy said on Monday.
Offline capacity is expected to rise to 882,000 bpd in the week ending April 5, IIR added.
The following are IIR weekly figures for offline capacity (in thousands of bpd):
| Week Ended Friday | March 25 | March 22 | March 20 |
|---|---|---|---|
| 04/05/2024 | 882 | 882 | – |
| 03/29/2024 | 809 | 809 | 744 |
| 03/22/2024 | 817 | 817 | 773 |
| 03/15/2024 | 1,148 | 1,148 | 1,110 |
Note: The offline capacity figures are based on IIR Energy data gathered on all planned and unplanned outages at refiners across the United States. The current week’s figure will be revised as more information becomes available.
(Reporting by Harshit Verma in Bengaluru)