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FX.co ★ U.S. Refinery Utilization Ticks Higher, Signaling Stabilization After Prior Week’s Drop

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typeContent_19130:::2026-10-07T14:30:00

U.S. Refinery Utilization Ticks Higher, Signaling Stabilization After Prior Week’s Drop

U.S. refinery utilization edged up in the latest week, with the EIA reporting a 0.2% week‑over‑week change as of 07 October 2026. The modest increase follows a 1.5% decline in the previous reading, suggesting a tentative stabilization in refining activity after a sharper pullback.

The data compare the change in utilization for the current week against the prior week, while the earlier figure reflected the change from two weeks ago. The shift from a -1.5% move to a positive 0.2% indicates that refineries have slightly increased their run rates, potentially easing concerns about a deeper slowdown in U.S. fuel processing capacity.

While the move is small in absolute terms, the reversal in direction will be closely watched by energy markets, which monitor refinery utilization as a key gauge of short‑term demand for crude and the supply outlook for refined products such as gasoline and diesel.

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