US EIA Refinery Crude Runs Change (Jan/23) -0.395M (Prev. -0.354M)
Newsquawk Staff ·
US EIA Refinery Crude Runs Change (Jan/23) -0.395M (Prev. -0.354M)
What it means
The latest EIA report shows a decrease in U.S. refinery crude runs, now down 0.395 million barrels from the previous week's 0.354 million. This decline indicates reduced refinery activity, which could suggest a tighter supply outlook for the market. Given the current geopolitical climate, traders may want to watch how this impacts WTI and Brent pricing dynamics.
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