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Speaking of tight #gasoline supplies: Global capacity fell by 730,000 barrels per day (b/d) last year as close to 1.6 million b/d was shut or converted into bio-refineries and only 850,000 b/d new capacity came online. #CoSoFinance https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/011922-global-refinery-closures-outweigh-new-capacity-in-2021-iea