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Bloomberg

Global Fuel Markets Have Little Margin for Error

Wednesday, August 26, 2026


U.S. refineries are operating at high capacity levels while serving global fuel demand. The refining sector is processing crude oil at elevated rates to meet both domestic and international market needs. Refinery utilization rates and crude processing volumes determine supply levels for gasoline, diesel, and other petroleum products worldwide.

Original reporting: https://www.bloomberg.com/news/newsletters/2026-08-26/global-fuel-markets-have-little-margin-for-error

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