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IEA raises forecasts for 2023, 2024 global refinery runs

November 14, 2023 Comments Off

The International Energy Agency has raised its 2023 and 2024 forecasts by around 160,000-170,000 b/d in its latest report Nov. 14. It now expects global crude runs to rise by 1.9 million b/d in 2023 and by 1 million b/d in 2024, to average 82.6 million b/d and 83.6 million b/d, respectively. It has also revised upwards September global runs…