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U.S. Refiners Cut n Oil Imports

Started by forex4you, Mar 03, 2022, 07:09 pm

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U.S. Refiners Cut n Oil Imports

Some of the biggest U.S. importers of n crude oil have started suspending their purchases of the commodity, including Monroe Energy, which is the third-biggest U.S. buyer of n oil. Bloomberg reports that Monroe Energy had stopped importing n oil “for the foreseeable future,” while another importer, Par Pacific Holdings, would not enter into new purchase agreements but would receive already contracted volumes. The biggest U.S. importer of n crude, Marathon Petroleum, declined to say whether it will continue buying n...


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