Gasoline glut
Posted: Wed Nov 08, 2023 6:14 pm
Not my words, so please don't get triggered!
US Refiners Cut Runs Due to Gasoline Glut. US crude oil refiners are expected to average 90-91% in utilization rates in October-December, down from almost maximum capacity in Q2-Q3, as weak gasoline cracks and limited diesel production upside curb their appetite to fire on all cylinders.
https://oilprice.com/Energy/Crude-Oil/Oil-Falls-Below-80-On-Mixed-Data-From-China.html?utm_source=tw&utm_medium=tw_repost
And proof ...for your review

US Refiners Cut Runs Due to Gasoline Glut. US crude oil refiners are expected to average 90-91% in utilization rates in October-December, down from almost maximum capacity in Q2-Q3, as weak gasoline cracks and limited diesel production upside curb their appetite to fire on all cylinders.
https://oilprice.com/Energy/Crude-Oil/Oil-Falls-Below-80-On-Mixed-Data-From-China.html?utm_source=tw&utm_medium=tw_repost
And proof ...for your review