
Key points
US refinery operable capacity utilization, seasonal, % | 97% in September 2026, above the 2018 and 2019-2025 range and near full capacity
Image source: @Hedgeye

US refinery operable capacity utilization, seasonal, % | 97% in September 2026, above the 2018 and 2019-2025 range and near full capacity
Image source: @Hedgeye