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U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending May 3, 2024, which was 307 thousand barrels per day more than the previous week’s average. Refineries operated at 88.5% of their operable capacity last week. Gasoline production increased last week, averaging 9.5 million barrels per day. Distillate fuel production ...
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US natural gas futures gained around 3% to reach a 14-week high on Monday following forecasts for higher demand over the next two weeks than was previously expected, as feed gas use at LNG plants has picked up with the return to production of the Freeport LNG facility in Texas. The ongoing decline in output is also supporting higher prices. On the New York ...