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Global Business News

The Economic Times

Global Business / The Economic Times

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America is making the most fuel since pre-covid. Its not enough

American refineries are processing crude oil at their highest rates since before the pandemic. Global fuel supplies remain critically low due to ongoing conflicts and disruptions. Despite increased production, consumers face persistently high gasoline and diesel prices. US commercial crude stockpiles have fallen to their lowest levels since 2018.

30 Jul 2026 9:33 am