EIA: PADD 3 Jet Fuel Stocks Fall to 5-Month Low
Miguel E. Andujar
DTN Refined Fuels Market Reporter
DAVENPORT, FL (DTN) -- U.S. Gulf Coast (PADD 3) jet fuel inventories fell to
a five-month low during the week ended September 11, giving back the previous
week's rebound, while distillate and gasoline stocks increased and crude oil
inventories declined as refinery utilization fell, according to the U.S. Energy
Information Administration's Weekly Petroleum Status Report released Wednesday
(9/16).
Jet fuel inventories fell by 1.5 million bbl to 14.1 million bbl during the
reference week from 15.6 million bbl the previous week. The latest level was
the lowest since the week ended April 10, when stocks stood at 13.9 million
bbl. Inventories remained 1.1 million bbl above the 13 million bbl reported
during the same week last year. The Gulf Coast reported no jet fuel imports
during the reporting week.
Motor gasoline inventories in the PADD 3 region increased by 300,000 bbl to
77.6 million bbl during the reference week, following the previous week's 1.1
million bbl build. Inventories remained 2.6 million bbl below the 80.2 million
bbl reported during the same week last year. Gasoline imports into the Gulf
Coast averaged 38,000 bpd, up from 8,000 bpd the previous week but below the
45,000 bpd reported during the comparable week of 2025.
Distillate fuel oil inventories, the feedstock for diesel, increased by 1.3
million bbl to 43.8 million bbl during the profiled week, reversing the
previous week's 200,000 bbl decline. Inventories remained 3.2 million bbl below
the 47 million bbl reported during the same week last year. As a net exporter
of distillate fuel, PADD 3 reported no distillate imports during the reporting
week.
Crude oil inventories in PADD 3 fell by 1.3 million bbl to 246.2 million bbl
during the reference week, reversing the previous week's 2.4 million bbl build.
Inventories were 8.8 million bbl above the 237.4 million bbl reported during
the same week last year. Crude oil imports into the Gulf Coast averaged 1.861
million bpd, down from 1.993 million bpd the previous week but above the 1.190
million bpd reported during the comparable week of 2025.
Refinery utilization on the Gulf Coast fell to 96.9% of operable capacity
from 98.3% the previous week, while crude oil inputs into refineries declined
to 9.622 million bpd from 9.730 million bpd the week before, EIA data showed.
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