NEWS: Largest US oil refinery to shut because of cold weather February 15, 2021 at 05:55PM

Production down, demand up
Motiva announced it’s shutting down its massive 600,000 bpd Port Arthur, Texas refinery due to cold weather.
Oil popped and then gave it back on the announcement. A refinery closure means less demand for crude oil.

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Breaking News

Production down, demand up Motiva announced it’s shutting down its massive 600,000 bpd Port Arthur, Texas refinery due to cold weather. Oil popped and then gave it back on the announcement. A refinery closure means less demand for crude oil.

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Production down, demand up
Motiva announced it’s shutting down its massive 600,000 bpd Port Arthur, Texas refinery due to cold weather.
Oil popped and then gave it back on the announcement. A refinery closure means less demand for crude oil.