Daily U.S. crude oil refining capacity reversed two years of declines and rose by more than 100,000 barrels in 2022 to 18.1 million barrels per day (bpd), according to a U.S. Energy Information Administration (EIA) report released on Wednesday.
The report does not reflect the 250,000-bpd expansion of Exxon Mobil Corp’s XOM.N Beaumont, Texas, refinery, which came on-line in March of this year.
Source: Reuters (Reporting by Erwin Seba; Editing by Mark Porter)