EIA周度数据：炼厂降负，汽柴油降库-20250925

Group 1: Investment Rating - There is no information about the industry investment rating provided in the report. Group 2: Core View - The single - week data is bullish due to the decline in full - caliber inventory and the strengthening of apparent oil product demand, although the total inventory pressure of crude oil and petroleum products remains at the highest level in the same period in the past 5 years [3]. Group 3: Summary by Related Content Crude Oil Inventory - In the week ending September 19, US commercial crude oil inventory decreased by 607,000 barrels, and the decline in crude oil inventory narrowed as net imports rebounded significantly compared with the previous data [3][5]. - US Cushing crude oil inventory increased by 177,000 barrels [5]. - US strategic petroleum inventory decreased from 450.4 million barrels to 423 million barrels [5]. Production and Refining - US single - week crude oil production increased by 19,000 barrels per day to 1,350.1 million barrels per day [3][5]. - The US refinery utilization rate dropped from 93.3% to 93%, still at a relatively high level in the same period [3][5]. - US refinery crude oil processing volume increased from 1,642.4 million barrels per day to 1,647.6 million barrels per day [5]. Product Inventory and Demand - US gasoline and diesel inventories both decreased slightly. Gasoline inventory decreased by 1.081 million barrels, and diesel inventory decreased by 1.685 million barrels [3][5]. - US aviation kerosene inventory increased by 1.052 million barrels, and fuel oil inventory increased by 317,000 barrels [5]. - US total inventory of crude oil and petroleum products (excluding SPR) decreased by 474,000 barrels [5]. - US apparent demand for refined oil products increased from 2,063.7 million barrels per day to 2,079.3 million barrels per day. Apparent demand for gasoline increased from 881 million barrels per day to 895.9 million barrels per day, and apparent demand for diesel increased from 362.1 million barrels per day to 373.8 million barrels per day [5]. Import and Export - US crude oil imports increased from 569.2 million barrels per day to 649.5 million barrels per day, and exports decreased from 527.7 million barrels per day to 448.4 million barrels per day [5].