US refiner Delek could run more light sweet crude, CEO says

Delek US Holdings

06/02/2025 16:04

HOUSTON, Feb 6 (Reuters) - U.S. refiner Delek's  DK.N 
CEO, Avigal Soreq, said on Thursday the company has the option
to run more light, sweet crude if it is economic to do so, amid
tariff uncertainty threatening supplies of heavy sour crudes
from Canada and Mexico. 
    U.S. President Donald Trump postponed his 10% tariffs on
Canadian crude for a month, as well as a 25% levy on Mexican
crude. 
    "We have knobs to open...we can do whatever is economic,"
Soreq said on the sidelines of the Argus Global Crude Summit in
Houston when asked whether Delek will run more light, sweet
crude. 
    Sporeq also said the company expects Permian Basin oil
production growth of 250,000 barrels per day to 300,000 bpd in
2025 and 2026.

 (Reporting by Georgina McCartney and Arathy Somasekhar in
Houston)
 ((Georgina.McCartney@thomsonreuters.com;))