EIA周度数据：炼厂开工率反弹，汽柴表需持续偏弱-20251023

Report Summary 1. Report Industry Investment Rating No information provided. 2. Core Viewpoint The EIA weekly data shows that the refinery utilization rate rebounded, while the apparent demand for gasoline and diesel remained weak. The U.S. commercial crude oil inventory decreased by 961,000 barrels in the week ending October 17, 2025, with an increase in net imports and crude oil processing volume. The refinery utilization rate rose from 85.7% to 88.6%, likely due to the restart of refineries after early - month accidents. Gasoline and diesel showed seasonal inventory declines, but their apparent demands were at low levels for the same period, and the total inventory of crude oil and petroleum products decreased from a high level [4]. 3. Summary by Relevant Data Crude Oil - Inventory: The U.S. commercial crude oil inventory decreased by 961,000 barrels, and the Cushing crude oil inventory decreased by 770,000 barrels. The strategic petroleum inventory increased by 819,000 barrels [4][5]. - Production: The estimated single - week U.S. crude oil production decreased by 7,000 barrels per day to 13.629 million barrels per day [4]. - Imports and Exports: Crude oil net imports increased by 656,000 barrels per day. Imports were 5.918 million barrels per day, and exports were 4.203 million barrels per day [4][5]. Petroleum Products - Inventory: Gasoline inventory decreased by 2.147 million barrels, diesel inventory decreased by 1.479 million barrels, jet fuel inventory decreased by 1.485 million barrels, and fuel oil inventory increased by 505,000 barrels. The total inventory of crude oil and petroleum products (excluding SPR) decreased by 4.172 million barrels [5]. - Apparent Demand: The apparent demand for refined oil products was 20.014 million barrels per day, with gasoline at 8.454 million barrels per day and diesel at 3.847 million barrels per day. Both gasoline and diesel apparent demands were at low levels for the same period [4][5]. Refinery - Processing Volume: The U.S. refinery crude oil processing volume increased by 600,000 barrels per day to 15.73 million barrels per day [4]. - Utilization Rate: The refinery utilization rate rebounded from 85.7% to 88.6%, likely due to the restart of refineries after accidental shutdowns at the beginning of the month [4].