No Tracers/Shutterstock Save for later Print Download Share Crude oil processing volumes in March were just shy of 82 million barrels per day, down 800,000 barrels per day from February, mainly due to refining maintenance in non-OECD countries, preliminary data shows. During the first quarter of 2025, runs were 82.5 million b/d, a gain of 220,000 b/d compared to January-March a year ago — the refinery contribution to a 670,000 b/d increase in global demand over the same period, with much of the rest met by NGLs. The quarterly utilization rate was estimated at 79%, or roughly the same level as the previous five quarters. For the year, ʶԳ is forecasting runs of 82.5 million b/d, a 300,000 b/d increase on 2024.