DOE: US Refineries Ran At 94.5% Vs 92.8% Week Ago
Bullish strength: 60/100
- Refinery utilization increased to 94.5% from 92.8%, indicating stronger refining activity.
- Higher refinery runs could support crude oil demand.
Bearish strength: 40/100
- Increased refinery activity could add to refined-fuel supply.
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