Japanese refiners may need to cut run rates amid falling fuel demand
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TOKYO (Reuters) - Japanese refiners may need to cut run rates to meet falling fuel demand because of the spreading coronavirus outbreak, the head of the Petroleum Association of Japan (PAJ) said on Thursday.Worldwide refineries are slowing output and contemplating extensive maintenance because of travel restrictions put in place in response to the coronavirus pandemic."Jet fuel demand has been hit by reduced flights including those between Japan and the United States, as well as Japan and..