Fuel exporters benefit from global supply disruptions
pre-market1 source ↓written by the desknot a recommendation
- in July
- 89 million barrels per day
- demand remains above
- 100 million bpd
With global fuel supplies disrupted due to the Middle East crisis and the Russia-Ukraine war, refiners in India and the US are seeing significant gains. Refinery throughput fell to 89 million barrels per day in July, while global oil demand remains above 100 million bpd. This situation has allowed Indian and US refiners to increase exports to markets previously reliant on Middle Eastern and Russian supplies.
Not investment advice. For informational purposes only.