EIA: PADD 2 Crude, Gasoline and Distillate Stocks Draw


   
   SECAUCUS, NJ (DTN) -- Midwest crude oil, gasoline and distillate inventories 
drew last week, while jet fuel stocks increased, the Energy Information 
Administration (EIA) reported Wednesday (7/22).

   Motor gasoline inventories in the PADD 2 region drew by 1.2 million bbl 
during the week ended July 17 to stand at 43.5 million bbl, according to the 
EIA's Weekly Petroleum Status Report. Year-on-year, Midwest gasoline stocks 
fell by 2.2 million bbl from the 45.7 million bbl recorded during the 
corresponding week of 2025.

   Weekly imports of gasoline rose by 1,000 bpd on the week to average 13,000 
bpd during the current reporting period. This inbound volume fell by 6,000 bpd 
from the year-ago level of 19,000 bpd recorded during the same week last year.

   PADD 2 distillate fuel oil inventories fell by 300,000 bbl on the week to 
28.6 million bbl. That weekly draw placed regional distillate inventories 2.8 
million bbl higher than the 25.8 million bbl logged during the corresponding 
week last year.

   Distillate imports into the Midwest averaged 14,000 bpd, up by 10,000 bpd on 
the week but down by 1,000 bpd from the prior year. This inbound volume 
compared to 15,000 bpd imported during the corresponding week last year.

   Jet fuel stocks rose by 600,000 bbl from the prior week to 7.9 million bbl, 
standing 800,000 bbl above the previous year's level.

   Crude oil inventories decreased by 800,000 bbl on the week to 97.1 million 
bbl, which is 5.6 million bbl lower than last year's level. Crude imports into 
the PADD 2 region decreased by 72,000 bpd on the week to average 2,591,000 bpd, 
according to latest EIA data.

   This inbound crude oil volume was 394,000 bpd lower than the 2,985,000 bpd 
reported by the agency during the corresponding week last year.

   Refiner use of crude in the Midwest stood at 4.280 million bpd last week, 
versus 4.224 million the week prior and 4.161 million a year ago. The regional 
utilization rate rose to 100.3% versus the prior week's 99.1% and remained 
above the year-ago level of 97.8%.




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