# Weekly Energy Market Situation – Nov. 16, 2021 - Fuels Market News

> WTI crude finished the week of Nov. 12 at $80.79, within a range of $78.25 to $85.41 seen since late October. US refinery throughput reached 15.4 million barrels per day, well above the prior year, and refiners are increasing output. Analysts highlighted US dollar strength and crack spreads as key drivers.

- Date: 2021-11-16 · published 2021-11-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11830-weekly-energy-market-situation-nov-16-2021-fuels-market-news
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Strong refinery runs and firm crack spreads support product output and biofuel feedstock demand, while dollar strength tends to cap crude rallies and can weigh on dollar-priced commodities.

## Read by commodity

- DXY: bullish ▲
- WTI: neutral

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/weekly-energy-market-situation-nov-16-2021/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.