On November 5, 2025, the U.S. Energy Information Administration (EIA) released its latest report on weekly refinery utilization rates, showing a notable improvement, though the indicator still remains negative. The current indicator stands at -0.6% for the past week, a significant rise from the preceding week’s steep decline of -2.0%.
This week-over-week comparison underscores that, while the pace of reduction in refinery utilization has decelerated, the sector still faces challenges. The improvement could suggest initial recovery signs, hinting that refineries might be adjusting operations in anticipation of potential increased demand or refining margins stabilization.
Market analysts will likely be keeping a close eye on future releases to assess whether this upward trend will continue or stabilize, especially considering the current global economic uncertainties affecting the energy sector. The shift from a -2.0% to -0.6% decrease signals cautious optimism for stakeholders in the refining industry.