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US flexes refining muscles to meet Mexico’s thirst for fuel

Thursday, November 9, 2017

U.S. refiners are setting up for the strongest end-of-year they’ve ever had, and it’s all thanks to Mexico.

America’s southern neighbor has continued to be its best customer as its own fuel factories suffer from inefficiencies and breakdowns -- in September Mexico’s crude processing fell to the lowest since December 1990, or about 33 percent of its total national operating capacity.

Source: Bloomberg