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US oil refiners’ weekly capacity seen down 56,000 bpd, IIR says

June 21, 20244:30 AM Reuters0 Comments

U.S. oil refiners are expected to have about 153,000 barrels per day (bpd) of capacity offline in the week ending June 21, decreasing available refining capacity by 56,000 bpd, research company IIR Energy said on Friday.

Offline capacity is expected to fall to 85,000 bpd in the week ending June 28 and to 79,000 bpd in the subsequent week, IIR added.

The following are IIR weekly figures for offline capacity (in thousands of bpd):

Week Ended Friday June 21 June 19 June 17
07/05/2024 79 – –
06/28/2024 85 85 85
06/21/2024 153 118 92
06/14/2024 97 97 97

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 )

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