EIA: Crude Stocks Rise; Gasoline Near 8-Month Low


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- U.S. commercial crude oil inventories increased 
during the week ended July 17, according to Energy Information Administration 
data released Wednesday, while gasoline inventories rose slightly but remained 
near eight-month lows. Distillate fuel inventories also increased, while jet 
fuel inventories declined.

   Commercial crude oil inventories increased by 2 million bbl to 411.7 million 
bbl during the profiled week but remained 7.3 million bbl, or 1.7%, below the 
same week last year. Crude oil imports averaged 5.806 million bpd in the 
profiled week, up by 117,000 bpd from the previous week. Over the last four 
weeks, crude imports averaged 5.601 million bpd, down 11.4% from the same 
period last year. Crude oil exports averaged 3.353 million bpd last week, down 
from 3.721 million bpd the previous week and below the 3.855 million bpd 
reported during the comparable week last year.

   Total motor gasoline inventories increased by 800,000 bbl to 211.3 million 
bbl during the week profiled. Despite the increase, inventories remained near 
their lowest level since the week ended Nov. 21, 2025, when stocks stood at 
209.9 million bbl. Gasoline inventories were 19.8 million bbl, or 8.6%, below 
the same week last year. Gasoline imports averaged 494,000 bpd compared with 
354,000 bpd the previous week and 606,000 bpd a year earlier. Gasoline exports 
averaged 807,000 bpd versus 967,000 bpd the previous week and 720,000 bpd 
during the comparable week last year.

   Distillate fuel inventories increased by 1.4 million bbl to 109.6 million 
bbl during the reference week but remained 300,000 bbl, or 0.3%, below the same 
week last year. Distillate imports averaged 173,000 bpd compared with 93,000 
bpd the previous week and 115,000 bpd a year earlier. Distillate exports 
averaged 1.604 million bpd versus 1.546 million bpd the previous week and 1.431 
million bpd during the comparable week last year.

   Jet fuel inventories fell by 1 million bbl to 47.4 million bbl last week but 
remained 1.9 million bbl, or 4.2%, above the same week last year. Jet fuel 
imports averaged 155,000 bpd compared with 112,000 bpd the previous week and 
150,000 bpd a year earlier. Jet fuel exports averaged 290,000 bpd versus 
412,000 bpd the previous week and 256,000 bpd during the comparable week last 
year.

   Refinery utilization edged down to 96.1% of operable capacity last week from 
96.2% the previous week. Crude oil inputs into refineries averaged 17.065 
million bpd, down by 58,000 bpd from the previous week's 17.123 million bpd.

   Total products supplied over the last four weeks averaged 20.616 million 
bpd, up 2.3% from the same period last year. Gasoline demand averaged 8.753 
million bpd, essentially unchanged from the comparable four-week period of 
2025, while distillate demand averaged 3.872 million bpd, up 1.6% from the 
previous year. Jet fuel demand averaged 1.715 million bpd, up 1.2% from the 
same four-week period last year.

    

    




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