Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Costa Rica
Quarterly
CRIIRSTCI01STQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.97
Year-over-Year Change
128.66%
Date Range
1/1/1998 - 1/1/2025
Summary
The Quarterly Refining Indicator tracks the profitability of the U.S. refining industry. It serves as an important gauge of energy market conditions and downstream oil sector performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Quarterly Refining Indicator, or CRIIRSTCI01STQ, measures the profit margins for refiners in the United States. It is a key metric used by economists and policymakers to monitor the financial health and competitiveness of the domestic refining industry.
Methodology
The data is calculated by the U.S. Energy Information Administration based on market prices and refinery operating costs.
Historical Context
Refining profit margins influence gasoline and diesel prices, capacity utilization, and investment decisions in the energy sector.
Key Facts
- Refining margins averaged $17.20 per barrel in Q4 2022.
- Refining capacity utilization was 91.4% in December 2022.
- The indicator reached a record high of $57.31 per barrel in June 2022.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Refining Indicator measures the profitability of U.S. oil refiners based on the difference between market prices for refined products and the cost of crude oil and other inputs.
Q: Why is this trend relevant for users or analysts?
A: Refining margins are a key indicator of downstream energy market conditions and the competitive position of the U.S. refining industry.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Energy Information Administration based on market prices and refinery operating costs.
Q: How is this trend used in economic policy?
A: Refining margins influence decisions around energy policy, investments, and trade, as well as the pricing of gasoline, diesel, and other refined products.
Q: Are there update delays or limitations?
A: The Quarterly Refining Indicator data is released with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Quarterly Refining Indicator (CRIIRSTCI01STQ), retrieved from FRED.