TIME | OPEC Says US Oil Boom Will End This Year TIME “Higher global refinery runs, driven by increased [summer] seasonal demand, along with the improvement in refinery margins, are likely to increase demand for crude oil over the coming months,” the cartel said in its Monthly Market Report, issued, April 16. Oil Prices Fall on US Dollar Strength Oil prices rise towards $64 on Middle East tension China's reserve cut move boosts oil price |