US Refiners Face 2025 Headwinds as Cracks Fall and Geopolitics Complicate Outlook - Following two years of bumper profits, US refiners are bracing for a tougher period ahead as gradually weakening fuel demand growth across the country and potential tariff woes are set to lower downstream profitability.
- Despite US refinery utilization holding up at a robust 90.3% in Q4 2024, analysts have lowered expectations for their EBIT by 24% since the start of the quarter, with a coinciding slide in stock value. - The EIA predicts that 2025 will finally…U.S. Refiners Face Headwinds in 2025
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