Kpler data: Global refinery runs seen at ~80 mbd in 2026, ~3 mbd below 2025, below the five-year range low. The Middle East and Russia see major declines while US and EU refiners have boosted output.

Kpler data: Global refinery runs seen at ~80 mbd in 2026, ~3 mbd below 2025, below the five-year range low. The Middle East and Russia see major declines while US and EU refiners have boosted output.

Source:https://x.com/staunovo/status/2087550679237730596