US Refineries Run at 28-Year High Utilization, 95%+ Capacity May–Sep

US refineries averaged over 95% capacity utilization from May to September, the highest in 28 years, indicating robust domestic fuel demand and tight product markets. The sustained high run rates suggest strong crack spreads and potential upward pressure on refined product prices, while also reflecting resilient US economic activity.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works