Diesel demand hit at its second highest level at 3.5 mbd, up 16.5% from last year.

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Refinery volumes were weak as well, with U.S. refinery input reaching 717 million barrels per day (mbd).

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Server and tools bookings were up 15%, and MBD bookings were up 18%.

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The Iranian revolution of 1979 created a modest shortfall in oil deliveries of approximately one million barrels per day (mbd).

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Of greater relevance, the United States could release approximately three mbd onto world oil markets, Japan about one mbd and Germany roughly one mbd.

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The bad news is that the United States imports roughly twice as much oil as it did in 1984 (about eight vs. four mbd, respectively).

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Internationally, refinery output hit 792 mbd.

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