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Japan's Refinery Utilization Hits 73% As Strategic Oil Stocks Flow In

Japan's Refinery Utilization Hits 73% As Strategic Oil Stocks Flow In With global refineries working overtime to convert oil into much needed product, Japan's refinery utilization rates also surged in May, as releases from petroleum reserves and increased supply of non-Middle East crude are easing the crude supply crunch seen in March and most of April, OilPrice reported. For the first time since March, refiners in Japan have boosted their average utilization rate to above 70% in the past two weeks, data from the Petroleum Association of Japan (PAJ) showed on...
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Apr 22, 2026 / Tyler Durden
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May 4, 2026 / Tyler Durden
Deutsche Bank's Woke ESG Whistleblower Denied Millions By SEC For Tattling To Press
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Mar 26, 2026 / Tyler Durden
One Day Until Trump's Self‑Imposed 5-Day Deadline On Iran But Markets Appear Increasingly Numb
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