IEA revises down global refinery throughput on reduced Russian runs

Capt. John

The International Energy Agency has revised lower its global refinery throughput estimates for this year following Russia’s invasion of Ukraine, in its latest monthly report March 16. The IEA said a 1.1 million b/d reduction in Russian refinery throughput “is not expected to be fully offset by increases elsewhere.” Hence the IEA expects global refinery …

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