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This prompted both state refiners and independents to ramp up output in March, Chen said.
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Traders said supply disruptions could be short-lived as OPEC and allied producers ramp up output.
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That prompted firms to ramp up output last month.
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That includes permission this year to use slash-and-burn methods to ramp up output despite a drought.
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Those that can, continue to ramp up output.
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Two days later, Mr Bolsonaro announced he was directing the Brazilian army to ramp up output of chloroquine.
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But those high prices have prompted copper producers to take steps to ramp up output in the coming years.
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The challenge will be to ramp up output of green fuels at a rate fast enough to meet growing demand.
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Manufacturing data should also help to put to rest fears of another recession as factories continue to ramp up output.
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But the company plans to ramp up output to more than 300,000 bpd, she said.
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Top trader Glencore GLEN.L said it saw emerging markets straining supplies and testing the ability of producers to ramp up output.
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Rising energy consumption in the world's fastest-growing major economies China and India is prompting exporters to ramp up output to feed demand.
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Its fields, including Taq Taq, have the capacity to ramp up output sharply in the coming months and have considerable exploration potential.
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But given the need to ramp up output in the short term, analysts say it is likely reliance on fuel oil will increase.
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The EIA said refineries also won't ramp up output until more offshore oil production comes back online and shut oil import terminals re-open.
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The deal, currently due to expire in March, has pushed up oil prices but also encouraged U.S. shale oil producers to ramp up output.
