Brazil’s state-controlled Petrobras has further boosted refnery throughput in response to a pick-up in fuel demand, with utili-zation rates approaching the average pre-crisis level. Petrobras downstream director Anelise Lara said that utilisation at the company’s refneries is at 77pc, up from a mid-April low of around 52pc and just slightly of the 79pc frst quarter average. The company expects a complete return to pre-crisis demand levels in the fourth quarter.
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