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FX.co ★ U.S. Refinery Utilization Rebounds, Turning Positive Week‑Over‑Week

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typeContent_19130:::2026-04-29T14:30:00

U.S. Refinery Utilization Rebounds, Turning Positive Week‑Over‑Week

U.S. refinery utilization posted a modest rebound in the latest weekly data, with the indicator rising to 0.5% for the week ended 29 April 2026, compared with a -0.5% change in the prior week. The figures, published in the EIA’s Weekly Refinery Utilization Rates report, mark a shift back into positive territory on a week-over-week basis.

The “Actual” reading of 0.5% reflects the change in utilization from the current week compared with the previous one, while the earlier -0.5% “Previous” figure captured the change between the prior week and the week before that. The turnaround suggests that U.S. refiners have slightly stepped up activity after a small pullback, a development closely watched by energy and financial markets for signals on fuel demand, operational capacity, and potential implications for refined product supplies and pricing.

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