Distillate glut may cut U.S. refinery summer runs

U.S. refiners may curb summer activity for the first time in at least 20 years to combat brimming inventories of key transportation and industrial fuels, like diesel and jet fuel, as a slow economy hurts demand.
A glut in these petroleum products, known as distillates, is expected to pressure prices and prompt refiners to cut runs, which could mean foregoing a bump in output and revenue that usually results from operating units near full blast in May through August.
Guardian