Chief executive, OMV
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Last updated Nov 8, 2026
Said in early November 2026 that low fuel stocks will keep refining markets tight
Refineries worldwide ran 4.8 million barrels a day less crude in the second quarter of 2026 than in the first, a 6% drop, after fighting in the Middle East closed the Strait of Hormuz in late February. Third-quarter throughput recovered 1.8 million barrels a day but stayed about 5% below the same period of 2025.
Updated 3 days ago
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