US EIA Refinery Crude Runs Change (May/08) 0.370M (Prev. -0.042M)

Context

The latest EIA data shows a notable increase in US refinery crude runs, rising by 0.370 million barrels per day compared to the previous decrease of 0.042 million. This uptick might indicate stronger demand or capacity utilization, potentially tightening supply in the market. As a result, we could see upward pressure on crude prices, impacting WTI and Brent benchmarks accordingly.

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