Oil tumbled by over 4 percent on Tuesday morning, as the OPEC deal failed to excite investors. (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) - At the start of 2019, the U.S. had 18.8 million barrels per day of oil refining capacity a record high. - Refining processing has climbed steadily over the years, adding nearly 3.7 mb/d of capacity over the past decade. - Between 2009 and 2018, U.S. oil imports fell by 1.3 mb/d, exports increased by 2 mb/d, leading to a decrease in net imports by about 3 mb/d. Market Movers…
