U.S. oil refiners are expected to have about 260,000 barrels per day (bpd) of capacity offline in the week ending July 12, decreasing available refining capacity by 151,000 bpd, research company IIR Energy said on Monday.
Offline capacity is expected to remain unchanged at 260,000 bpd in the week ending July 19, IIR added.
The following are IIR weekly figures for offline capacity (in thousands of bpd):
| Week ended Friday | July 8 | July 5 | July 3 |
|---|---|---|---|
| 07/19/2024 | 260 | 260 | – |
| 07/12/2024 | 260 | 260 | 261 |
| 07/05/2024 | 109 | 109 | 117 |
| 06/28/2024 | 176 | 176 | 176 |
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 )