U.S. EIA Refinery Utilization Rate for the Week Ending October 3: Bullish for Crude Oil Prices

On October 8, 2025, the U.S. Energy Information Administration (EIA) released the refinery utilization rate for the week ending October 3. The reported figure was 92.4%, exceeding both the forecast of 90.4% and the previous reading of 91.4%.Data Definition: This indicator measures weekly changes in commercial crude oil inventories held by U.S. companies. The EIA refinery utilization rate affects the output of petroleum products and has a significant impact on inflation and other economic factors, making it closely watched by market participants. A high utilization rate indicates a relatively ample supply of energy such as petroleum.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. It is published weekly, with the next release scheduled for October 15, 2025.

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