NewsSignals AI analysis·dpa-AFX·Oct 28, 2026

US EIA: REFINERY UTILIZATION WEEK CHANGE -0.6% TO 92.8% IN OCT 23 WK

Grade Bbearish AI signal$WTI

US refinery utilization fell 0.6 percentage points to 92.8% in the week ended October 23, according to the EIA headline. The reported decline indicates a lower share of refinery capacity was in use during the week, though no additional supply or demand figures were provided. Lower refinery utilization could pressure crude oil demand while potentially tightening refined-product supply, leaving the overall impact on oil prices uncertain.

Bullish strength: 45/100

Lower refinery utilization could constrain the production of refined petroleum products.

Bearish strength: 55/100

Refinery utilization declined 0.6 percentage points to 92.8%, potentially signaling weaker near-term crude oil processing demand.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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