*Israel’s two refineries, the 197,000 b/d ORL Bazan Refinery at Haifa in the north and the 100,000 b/d Ashdod Refinery in the south both saw an output increase in Q3, although for 9M24 runs are the lowest since the covid-hit first nine months of 2020.

*Bazan output increased 10% to 170,100 b/d for Q3 (see chart 1), driven by the restart of the 113,000 b/d-capacity CDU 4, which having been shuttered for maintenance in Q2, was “fully reactivated towards late July 2024,” Bazan says. Q2’s output of 154,300 b/d was an eight-year low (MEES, 6 September). (CONTINUED - 604 WORDS)