FX.co ★ US Weekly Refinery Utilization Rates Decline in Latest Report

The latest data from the Energy Information Administration (EIA) shows a decrease in refinery utilization rates in the United States. The indicator, which compares the current week to the previous week, dropped by 1.0% from the previous week's 0.4%. This decline in refinery utilization rates can have implications for the energy sector and could potentially impact fuel prices and supply chains. The data was updated on May 1, 2024, highlighting the most recent trends in the US refining industry. Analysts will closely monitor these figures to assess the ongoing fluctuations in the nation's refinery operations.