Week in Review – March 10, 2023

Sydney Casey
Daily Market News & InsightsDaily Market News & Insights

Oil markets are expecting a busier than usual maintenance season over the next few months, meaning less supply in the short-term. Last year, refiners delayed projects due to high 3:2:1 crack spreads; now, they’re making up for it with more maintenance than usual. Refinery utilization is hovering around 86% as a result of planned downtime, […]

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The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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