Oil
U.S. Refineries Make Dramatic Shift Away From Gasoline
CEII brief
OilPrice.com reported on 5 Nov 2026: U.S. Refineries Make Dramatic Shift Away From Gasoline.
Read the full story on OilPrice.comU.S. refineries are producing a smaller share of gasoline from every barrel of crude oil they process and shifting production efforts toward diesel and jet fuel as soaring margins on those products reshape the economics of American refining.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
9.5% of world merchandise exports were fuels in 2025Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.