EIA周度数据：炼厂开工率加速回升-20251127

Report Summary 1. Report Industry Investment Rating No information provided in the content. 2. Core View of the Report - The refinery utilization rate in the US accelerated its recovery. Although the refinery utilization rate continued to rise from the bottom to 92.3%, the processing volume increased by 211,000 barrels per day, and the crude oil production decreased by 20,000 barrels per day to 1,381.4 million barrels per day, the net import of crude oil increased by 1.046 million barrels per day, leading to an accumulation of commercial crude oil inventories by 2.774 million barrels in the week ending November 21. After the refinery utilization rate rebounded, both gasoline and diesel inventories accumulated, the apparent demand for gasoline rebounded, and the apparent demand for diesel declined. The total inventory of crude oil and petroleum products increased slightly, but the single - week data has limited indication [4]. 3. Summary by Related Catalog US Crude Oil and Petroleum Product Inventory Data - Commercial Crude Oil Inventory: Increased by 2.774 million barrels, compared with a decrease of 3.426 million barrels in the previous period [4][6]. - Cushing Crude Oil Inventory: Decreased by 68,000 barrels, compared with a decrease of 698,000 barrels in the previous period [6]. - Strategic Petroleum Inventory: Increased by 498,000 barrels, compared with an increase of 533,000 barrels in the previous period [6]. - Gasoline Inventory: Increased by 2.513 million barrels, compared with an increase of 2.327 million barrels in the previous period [6]. - Diesel Inventory: Increased by 1.147 million barrels, compared with an increase of 171,000 barrels in the previous period [6]. - Jet Fuel Inventory: Increased by 370,000 barrels, compared with an increase of 146,000 barrels in the previous period [6]. - Fuel Oil Inventory: Decreased by 531,000 barrels, compared with an increase of 287,000 barrels in the previous period [6]. - Total Inventory of Crude Oil and Petroleum Products (excluding SPR): Increased by 1.562 million barrels, compared with a decrease of 2.715 million barrels in the previous period [6]. US Crude Oil Production, Demand and Trade Data - Crude Oil Production: Decreased by 20,000 barrels per day to 1,381.4 million barrels per day [4][6]. - Refinery Crude Oil Processing Volume: Increased by 211,000 barrels per day to 16.443 million barrels per day [4][6]. - Apparent Demand for Refined Oil Products: Increased to 20.24 million barrels per day from 20.157 million barrels per day in the previous period [6]. - Apparent Demand for Gasoline: Increased to 8.726 million barrels per day from 8.528 million barrels per day in the previous period [6]. - Apparent Demand for Diesel: Decreased to 3.362 million barrels per day from 3.882 million barrels per day in the previous period [6]. - Crude Oil Import: Increased to 6.436 million barrels per day from 5.95 million barrels per day in the previous period [6]. - Crude Oil Export: Decreased to 3.598 million barrels per day from 4.158 million barrels per day in the previous period [6]. - Refinery Utilization Rate: Increased to 92.3% from 90% in the previous period [4][6]