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Data from U.S. Energy Information Administration. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Crude Oil Refinery Inputs climbed to 13,710 Thousand Barrels/Day in May 2026
U.S. Energy Information AdministrationWeeklyReleased May 2026
US Crude Oil Refinery Inputs climbed to 13,710 Thousand Barrels/Day in May 2026, up 137 Thousand Barrels/Day from April's 13,573 Thousand Barrels/Day reading.
Latest Release
13710.000000
Actual
—
Consensus
13573.000000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| BTC/USD | ▲ Direct | +0.53 | CRYPTO | Bullish BTC | → View |
| XAU/USD | ▲ Direct | +0.48 | COMMODITIES | Bullish XAU | → View |
| MSFT | ▲ Direct | +0.37 | STOCKS | Bullish MSFT | → View |
| S&P 500 | ▲ Direct | +0.37 | INDEX | Bullish S&P 500 | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Crude Oil Refinery Inputs (United States) was reported at 13,710.00 Thousand Barrels/Day in May 2026. The reading rose from the previous value of 13,573.00 Thousand Barrels/Day. Over the past 12 months, the indicator has averaged 13,590.82 Thousand Barrels/Day, ranging from 13,215.00 Thousand Barrels/Day to 13,862.00 Thousand Barrels/Day across 50 releases. This is classified as a medium-impact indicator released on a weekly basis.
WHY IT MATTERS
The trailing three releases averaged 13,623.00 Thousand Barrels/Day, up from the prior three at 13,592.33 Thousand Barrels/Day. Volatility over the past year (σ 174.73 Thousand Barrels/Day) is higher than the prior year (σ 138.78 Thousand Barrels/Day). In May readings over the past 3 years, Crude Oil Refinery Inputs has averaged 13,226.00 Thousand Barrels/Day.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Bullish BTC). A secondary relationship exists with XAU/USD, positively correlated (Bullish XAU).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Chicago Fed National Activity Index (May 25) and Chicago Fed National Activity Index (May 26).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Crude Oil Refinery Inputs - US
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About Crude Oil Refinery Inputs — United States
DEFINITION
US Crude Oil Refinery Inputs rose to 13,710 K bbl/d in April, up from March’s 13,573 K bbl/d, marking a clear increase in refinery activity. This gain reflects a strengthening demand for crude processing after a slight dip in early April. Market participants will watch upcoming inventory and production data for further clarity on supply dynamics. Updated 5/20/26
WHY THIS INDICATOR MATTERS
Energy-supply and inventory data shape commodity-curve positioning and feed through to headline inflation and consumer-discretionary spending. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released weekly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 13,710 Thousand Barrels/Day. Prior reading (May 2026): 13,573 Thousand Barrels/Day. Before that (Apr 2026): 13,586 Thousand Barrels/Day.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with BTC/USD (Bullish BTC, r=0.53) — a useful reference for crypto-focused traders.