John Kemp, Reuters, writes that refiners are changing the mix of output to help balance out gasoline and diesel stocks… And as always, Kemp includes an excellent chart book, here…
”Refinery processes and equipment have been reconfigured to maximise production of gasoline and minimise output of mid-distillates such as fuel oil and jet kerosene.
Last week, refiners produced 1.77 times as much gasoline as distillate fuel oil and jet fuel combined, one of the highest gasoline ratios for a quarter of a century”
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