EIA周度数据：炼厂开工下探，总库存压力仍大-20251017

Group 1: Core View - The weekly EIA data shows that refinery operations declined, and the total inventory pressure remains high. The increase in commercial crude oil inventory, net crude oil exports, and the decrease in crude oil processing volume all had a significant impact on inventory. The domestic focus is on production resilience and the decline in refinery operating rates. The single - week crude oil production estimate increased by 0.7 million barrels per day to 13.636 million barrels per day, and the refinery operating rate dropped from 92.4% to 85.7%, likely due to seasonal maintenance and a refinery accident in California. Gasoline and diesel showed seasonal inventory declines, while the total inventory of crude oil and petroleum products continued to rise, with the single - week data being bearish [2][4]. Group 2: Data Summary Inventory Data - US commercial crude oil inventory increased by 3.524 million barrels, and the previous value was an increase of 3.715 million barrels [4][5]. - US Cushing crude oil inventory decreased by 0.703 million barrels, and the previous value was a decrease of 0.763 million barrels [5]. - US strategic petroleum inventory increased by 0.76 million barrels, and the previous value was an increase of 0.285 million barrels [5]. - US gasoline inventory decreased by 0.267 million barrels, and the previous value was a decrease of 1.601 million barrels [5]. - US diesel inventory decreased by 4.529 million barrels, and the previous value was a decrease of 2.018 million barrels [5]. - US jet fuel inventory increased by 0.146 million barrels, and the previous value was a decrease of 0.071 million barrels [5]. - US fuel oil inventory increased by 0.255 million barrels, and the previous value was an increase of 0.541 million barrels [5]. - The inventory change of US crude oil and petroleum products (excluding SPR) increased by 1.663 million barrels, and the previous value was a decrease of 1.23 million barrels [5]. Production and Demand Data - US crude oil production was 13.636 million barrels per day, and the previous value was 13.629 million barrels per day [5]. - US refined oil apparent demand was 19.726 million barrels per day, and the previous value was 21.99 million barrels per day [5]. - US gasoline apparent demand was 8.455 million barrels per day, and the previous value was 8.919 million barrels per day [5]. - US diesel apparent demand was 4.233 million barrels per day, and the previous value was 4.346 million barrels per day [5]. Trade and Processing Data - US crude oil imports were 5.525 million barrels per day, and the previous value was 6.403 million barrels per day [5]. - US crude oil exports were 4.466 million barrels per day, and the previous value was 3.59 million barrels per day [5]. - US refinery crude oil processing volume was 15.13 million barrels per day, and the previous value was 16.297 million barrels per day [5]. - US refinery operating rate was 85.7%, and the previous value was 92.4% [5].