EIA: PADD 1 Distillate Inventories at Nearly 1-Year Hight on Week


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- East Coast (PADD 1) inventories for gasoline, jet 
fuel and distillates  increased in the week ending January 3, while crude oil 
inventories moved slightly lower, U.S. Energy Information Administration data 
released Wednesday (1/7) showed.

   Regional distillate fuel oil inventories increased by 1.8 million bbl, but 
still to 32.9 million bbl during the reported week, the highest level reported 
since week ended Jan.24, roughly an 11-month high, thought stocks remained 
below 37.2 million bbl reported in the same week last year. Retail diesel 
prices eased alongside the inventory move, with East Coast diesel averaging 
$3.630 gallon in the week ended Jan. 5, down by 1.5cts on the week and 0.4ct 
below the same period last year.

   PADD 1 gasoline stocks increased to 53.6 million bbl in the reference week, 
compared with 58.9 million bbl in the same week last year. The build followed a 
pullback from the prior report that marked the highest level since the week 
ended Aug. 1. Despite the recent strength, gasoline inventories remained below 
levels a year earlier, reflecting a comparatively tighter supply structure. 
That dynamic has continued to lend underlying support to prices even as retail 
values softened, with East Coast gasoline averaging $2.778 gallon in the week 
ended Jan. 5, down by 0.3ct on the week and 21.2cts below the same period last 
year.

   Jet fuel inventories in PADD 1 rose to 9.8 million bbl, up from the prior 
week but below the 10.3 million bbl reported in the same week last year, 
providing limited near-term relief following seasonal draws earlier in the 
winter period.

   Crude oil inventories in PADD 1 edged lower to 7.4 million bbl and remained 
below the 8.1 million bbl reported in the same week last year.

   PADD 1 crude imports rose to 1.705 million during the reference week, 
compared with 1.220 million bdp in the week last year according to EIA data.




(c) Copyright 2026 DTN, LLC. All rights reserved.