What is another word for Utilization rate?
Synonyms for Utilization rate
uti·liza·tion rate
This thesaurus page includes all potential synonyms, words with the same meaning and similar terms for the word Utilization rate.
Wiktionary
utilization ratenoun
utilization ratenoun
The percentage of the capacity of a device or system that is be used productively.
How to use Utilization rate in a sentence?
The large crude oil inventory build, driven by a drop in the refinery utilization rate, makes for a bearish report.
Cushing inventories did rise, taking away some of the strength of the headline drawdown figure, the refinery utilization rate, slightly below, at 90 percent is not all that supportive for crude oil demand, and crude oil imports were not that strong again.
The further decline in crude oil inventories and the high refinery utilization rate, despite the slight decline, makes for a mostly bullish report, the strong refinery demand and gasoline demand are the key items in the report, creating a bullish conclusion.
In 2015-2016, net capacity additions will be more than needed, which will cause the global utilization rate to decline, and casts a doubt on the continuation of current unusually high refining margins.
Translations for Utilization rate
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"Utilization rate." Synonyms.com. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.synonyms.com/synonym/Utilization+rate>.
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