EIA: East Coast Gasoline, Distillates Report Weekly Build


   
Maria Eugenia Garcia
DTN Energy Editor

    

   HOUSTON, TX (DTN) -- U.S. East Coast PADD 1 gasoline and distillate stocks 
increased while jet fuel inventories dropped in the week ending July 4, 
according to Energy Information Administration data released on Wednesday.

   PADD 1 gasoline inventories rose by 1.1 million bbl to 62.8 million bbl last 
week. The current inventory level is higher than the 55.2 million bbl reported 
in the same week of last year. Gasoline imports dropped by 2,000 bbl to 626,000 
bpd on a weekly basis but were 10,000 bpd higher than the same period of the 
previous year.

   East Coast PADD 1 distillate fuel stocks increased by 1.8 million bbl to 
23.3 million bbl last week, with stocks lower than the 32.4 million bbl 
reported in the same week of 2024. Distillate imports fell by 75,000 bpd to 
24,000 bpd in the week profiled. The volume was below 84,000 bpd reported in 
the same week of last year.

   PADD 1 jet fuel stocks fell by 600,000 bbl to 11.2 million bbl 
week-over-week, with stocks the 11.5 million bbl recorded the same week of last 
year.

   Jet fuel imports dropped to zero from 14,000 bpd in the week ended July 4. 
This compares with 32,000 bpd reported in the same week of the prior year.

   PADD 1 crude oil stocks rose by 300,000 bbl to 9.2 million bbl last week, 
which was below the 8.4 million bbl reported in the same week of last year.

   PADD 1 imported 676,000 bpd of crude oil last week, 284,000 bpd below the 
volume imported the previous week, according to the EIA. The figure was 823,000 
bpd lower than the volume recorded in the same period of last year.




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