U.S. refinery utilization posted a sharp week-over-week decline, with the latest EIA data showing a 2.4% drop for the week ending 25 February 2026. This marks a notable reversal from the previous week, when utilization had risen by 1.6% compared with the prior period.
The data, which track how intensively U.S. refineries are operating, indicate a cooling in refinery activity on a week-over-week basis. While the prior reading reflected a build-up in operating rates, the latest figure points to a pullback, suggesting potential adjustments in response to market conditions, seasonal patterns, or operational factors. Investors and energy market participants will be monitoring upcoming releases to see whether this dip proves temporary or signals a broader trend in U.S. refining activity.