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Add as a preferred source on GoogleGlobal Oil Supply Rises to 105.4 Million Barrels a Day as European Diesel Stays High
Refinery runs fell to 81.3 million barrels per day in October. European diesel prices remained about 77% above pre-war levels.
Global oil supply rose to 105.4 million barrels per day in October, while European diesel prices stayed about 77% above pre-war levels amid disrupted supplies and low refinery runs.
Refinery runs fell to 81.3 million barrels per day.
Europe’s diesel market has faced tight supplies and refinery constraints.
OPEC production decisions, developments in the Middle East, refinery output and demand forecasts remain factors in the balance between crude supply and refined-fuel markets.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.