Report Summary 1. Report Industry Investment Rating No information regarding the report industry investment rating is provided in the given content. 2. Core Viewpoints - The increase of 6413 thousand barrels in US commercial crude oil inventories in the week ending November 7, 2025, and the decrease of 849 thousand barrels per day in net crude oil exports were the main sources of inventory accumulation. After the release of the STEO report this week, the weekly production forecast was raised to a new high of 13.862 million barrels per day, the crude oil processing volume increased by 717 thousand barrels per day, and the refinery utilization rate rebounded from a low level to 89.4%. Gasoline and diesel inventories continued to decline but at a slower pace, and the total inventory of crude oil and petroleum products increased. However, the single - week data has limited indication [4]. 3. Summary by Relevant Catalog Inventory Data - US commercial crude oil inventory change: increased by 6413 thousand barrels, compared with a decrease of 5202 thousand barrels in the previous period [4][6]. - US Cushing crude oil inventory change: decreased by 346 thousand barrels, compared with an increase of 30 thousand barrels in the previous period [6]. - US strategic petroleum inventory change: increased by 798 thousand barrels, compared with 498 thousand barrels in the previous period [6]. - US gasoline inventory change: decreased by 945 thousand barrels, compared with a decrease of 4729 thousand barrels in the previous period [6]. - US diesel inventory change: decreased by 637 thousand barrels, compared with a decrease of 643 thousand barrels in the previous period [6]. - US jet fuel inventory change: increased by 1119 thousand barrels, compared with an increase of 277 thousand barrels in the previous period [6]. - US fuel oil inventory change: increased by 1226 thousand barrels, compared with an increase of 84 thousand barrels in the previous period [6]. - US crude oil and petroleum product inventory change (excluding SPR): increased by 2524 thousand barrels, compared with an increase of 633 thousand barrels in the previous period [6]. Production and Demand Data - US crude oil production: 13.862 million barrels per day, compared with 13.651 million barrels per day in the previous period [6]. - US refined product apparent demand: 20.77 million barrels per day, compared with 20.356 million barrels per day in the previous period [6]. - US gasoline apparent demand: 9.028 million barrels per day, compared with 8.874 million barrels per day in the previous period [6]. - US diesel apparent demand: 4.018 million barrels per day, compared with 3.71 million barrels per day in the previous period [6]. Import and Export Data - US crude oil imports: 5.222 million barrels per day, compared with 5.924 million barrels per day in the previous period [6]. - US crude oil exports: 2.816 million barrels per day, compared with 4.367 million barrels per day in the previous period [6]. Refinery Data - US refinery crude oil processing volume: 15.973 million barrels per day, compared with 15.256 million barrels per day in the previous period [6]. - US refinery utilization rate: 89.4%, compared with 86% in the previous period [6].
EIA周度数据：炼厂开工率低位回升-20251114
Zhong Xin Qi Huo·2025-11-14 05:23