U.S. oil refiners are expected to have about 1 million barrels per day (bpd) of capacity offline for the week ending April 12, increasing available refining capacity by 231,000 bpd, research company IIR Energy said on Wednesday.
Offline capacity is expected to fall to 994,000 bpd in the week ending April 19, IIR added.
The following are IIR weekly figures for offline capacity (in thousands of bpd):
| Week Ended Friday | April 10 | April 8 | April 5 |
|---|---|---|---|
| 04/19/2024 | 994 | 944 | 844 |
| 04/12/2024 | 1,049 | 932 | 721 |
| 04/05/2024 | 1,280 | 1,280 | 1,182 |
| 03/29/2024 | 1,103 | 1,103 | 1,103 |
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 S. Arvind in Bengaluru Editing by David Goodman )