U.S. East Coast refinery utilization fell in the latest week to the lowest level since February 2021, the Energy Information Administration said Wednesday.
U.S. East Coast refinery runs fell to 68% in the week ending March 17 from 77.8% the week prior.
U.S. East Coast crude oil inventories fell by 35,000 barrels to 6.53 million barrels last week, the lowest on record, the EIA said.
Source: Reuters