Fires, outages and storms boost US refining margins
US refining margins ticked up across the nation following a spate of unplanned refining fiascos, the beginning of seasonal turnarounds, and a pick-up in Atlantic Basin storm activity which could threaten US Gulf Coast refinery output, an analysis from S&P Global Commodity Insights showed on Sept. 26. Seasonal turnarounds underway have increased US refinery downtime, exacerbated by unplanned downtime at…