EIA Refinery Utilization Rate in the US for the week ending May 2
U.S. Energy Information Administration announced the EIA Refinery Utilization Rate in the US for the week ending May 2 on 2025-05-07. The reported figure stands at 89%, against a forecast of 89.4%, with the prior figure recorded as 88.6%.
Regarding the EIA Refinery Utilization Rate in the US for the week ending May 2, Data <Expected = Positive for Crude Oil Prices, Measuring the changes in the weekly commercial crude oil inventories of U.S. companies. The utilization rate of EIA refineries affects the output of petroleum products, which in turn has an impact on inflation and other economic forces, making this data widely monitored. A high utilization rate indicates that the supply of energy sources like oil is relatively abundant.
This data holds an importance level of , calculated using Changes in commercial crude oil inventories over the past week, and updates Every week.
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