EIA: PADD 5 Gasoline Stocks Fall 4th Week in Row
Kristina Davis
DTN Refined Fuels Market Reporter
MIAMI, FL (DTN) --U.S. West Coast gasoline inventories fell for a fourth
straight week while distillate stocks climbed and jet fuel inventories declined
in the week ending January 30, data from the U.S. Energy Information
Administration released Wednesday (2/4) showed.
Motor gasoline inventories in the U.S. West Coast totaled 30 million bbl
last week, 500,000 bbl lower than the prior week and extending a four-week draw
from 31.6 million bbl in early January, EIA data showed.
Gasoline imports climbed by 48,000 bpd to 91,000 bpd in the reference week
and compared with zero imports in the same period last year.
Distillate fuel inventories climbed by 300,000 bbl to 12.0 million bbl week
over week, and were 200,000 above the level reported in the same week last
year. Distillate imports slid by 6,000 bpd to 1,000 bpd last week and were
11,000 bpd below year-ago levels.
Crude oil inventories climbed by 300,000 bbl to 47.1 million bbl in the
reference week, while sliding 1.9 million below the corresponding week of the
prior year.
Crude imports increased by 226,000 bpd to 1.221 million bpd but dropped
437,000 bpd from levels reported a year earlier.
Jet fuel inventories fell by 500,000 bbl to 10.8 million bbl last week and
were 500,000 bpd below year-ago levels. Jet fuel imports climbed by 62,000 bpd
to 131,000 bpd in the reference week and were 14,000 below the corresponding
week of last year.
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