The United States has stepped up heavy crude oil imports, with the May volumes hitting the highest in two years, according to customs data cited by Reuters. The ramp-up in imports comes amid rising demand for fuels during driving season and calls by President Biden on refiners to crank up their output of gasoline and diesel as prices at the pump continue relentlessly up. "We have healthy demand, low products inventories, and strained refining capacity," Corey Stewart, senior energy analyst at Refinitiv, told Reuters. "Refiners are looking to bring…
Hence then, the article about u s increases heavy crude imports was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( U.S. Increases Heavy Crude Imports )