Phrases with «refinery capacity»

"Refinery capacity" refers to the maximum amount of crude oil that a refinery can process or convert into usable products, such as gasoline, diesel, or jet fuel, within a given timeframe, usually a day or year. It indicates the refining capabilities of a facility and how much oil it can handle or process efficiently. Full definition

Sentences with «refinery capacity»

  • The shut - downs have sent gasoline prices soaring, offering lucrative opportunities to European refiners and depressed crude, which continues to struggle with over-supply and is now limited by the sudden loss of refinery capacity in the Gulf. (oilprice.com)
  • In the aftermath of Hurricane Harvey, which knocked off more than 20 percent of U.S. refinery capacity in the peak of refinery shutdowns, hedge funds are betting on a rise in fuel prices and have boosted their net long positions on U.S. gasoline and diesel to highs not seen for years. (oilprice.com)
  • Diesel demand surged after Hurricane Harvey knocked offline more than 20 percent of U.S. refinery capacity at the peak of shutdowns, but demand was strong even before the storm, according to executives and analysts. (oilprice.com)
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