The share of a refinery's capacity that is actually running. 97% means almost every unit is in use; 100% is not a practical ceiling.
炼厂开工率
| Move变动 | Where it appeared出现位置 | What it means这句话在说什么 |
|---|---|---|
| 97% | Diesel Prices Hold High Despite Efforts to Boost Global Supplies 炼厂开工率 · 第 4 张术语卡 | US refineries are near 97%; effective global utilization has slipped to 89–90%. 炼厂不能全年满负荷：装置要定期检修（turnaround），事故与飓风也会停线，所以「97%」已经是极紧的状态。这也解释了为什么油价涨的时候炼厂利润涨得更快——它能卖的每一桶油都变得稀缺，而新增产能要拿许可、买钢、等三五年。 |
| — | Oil Prices Fall as U.S.-Iran Diplomacy, Regional Tensions Remain in Focus 炼厂开工率 · 第 8 张术语卡 | "If you take a good million barrels off the refinery utilization rate, those million barrels a day are going to get stuffed into storage." 为什么这条链重要：原油不能直接用，必须先炼成柴油、汽油才算真正的「供给」。所以「原油库存上升 + 成品油库存下降」是很典型的检修季组合。本篇里柴油零售价在 9 月 21 日达到 6.529 美元/加仑、较 7 月 6 日上涨 42.6%，成品油端的紧张比原油端更尖锐。 |
“US refineries are near 97%; effective global utilization has slipped to 89–90%.”
“"If you take a good million barrels off the refinery utilization rate, those million barrels a day are going…”