U.S. refineries ran harder this summer than in any year since 1998, with utilisation averaging more than 95% of capacity from May to September, the U.S. Energy Information Administration (EIA) said on October 22. Tight global diesel supplies are behind the push, and they are keeping prices high and reshaping the economics of biodiesel. EIA said tight global supplies of petroleum products boosted refining margins this year, particularly for diesel, giving refiners an incentive to raise run rates. EIA reports on distillate fuel oil, a category that includes diesel and heating oil. A summer peak is normal. EIA data show U.S. utilisation has averaged 92%…

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