US EIA Refinery Utilization Rate for the Week Ending October 3: Expected Decline

On October 1, 2025, the US Energy Information Administration (EIA) released the refinery utilization rate for the week ending October 3. The reported value was 89.6%, in line with the forecast of 89.6%, compared to the previous reading of 91.4%.Data definition: This indicator measures the weekly change in commercial crude oil inventories held by US companies. The EIA refinery utilization rate affects petroleum product output and has a significant impact on inflation and other economic forces, making it closely watched. A high utilization rate indicates a relatively ample supply of energy products such as oil.The importance of this data is rated at 2. The statistical method is based on changes in commercial crude oil inventories over the past week. The data is released weekly, with the next publication scheduled for October 8, 2025.

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