Weak refinery, export demand weakens prices for Midland crude along Texas coast
Oil & Gas 360ยบ
MARCH 6, 2025
refinery utilization stood at 85.6% Also capping demand was the final shutdown ofLyondellBasell Industries(NYSE: LYB ) 263,776 barrel-per-day (bpd) Houston refinery this month. WEAK DEMAND ALONG THE COAST Four-week average U.S. in the week to February 26, data from the U.S. million, 4.2% lower than average 2024 levels.
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