Surging fuel demand from Mexico is putting US refineries on track for their best end of the year ever, with nationwide gross oil refinery inputs seen exceeding 17 million barrels per day by the end of December, according to Energy Aspects. Morningstar Director of Research and Commodities Sandy Fielden says US Gulf Coast refiners will continue to favor fuel exports over domestic sales partly because exported barrels are exempt from compliance with the Renewable Fuel Standard.
US refiners seen ending the year on a high note
Sign up for API SmartBrief
Oil and natural gas industry news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.