European refineries production in June rises 1.7% on a monthly basis


The Johann Sverdrup oil field in the North Sea on January 7, 2020. (Photo by Reuters banned from use in Norway).

LONDON (Reuters) – Euro-oil stock production on Tuesday showed that oil refineries production in Europe rose 1.7 percent in June compared to the previous month, reflecting a slow recovery in fuel demand as governments relaxed public isolation measures, but production remained low About 15 percent from its level a year ago.

European refineries production in June was 8.792 million bpd.

Gasoline production rose more than five percent from May, but remained 22 percent lower compared to June 2019 levels.

The consumption of European refineries from crude oil in June reached 8.539 million barrels per day, an increase of one percent from May, but it was 13 percent below its level a year ago.

Wajdi Al-Alfy prepared for the Arab Bulletin


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