EIA: PADD 1 Distillate Stocks Bounce from 10-Month Low


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- East Coast (PADD 1) distillate fuel oil inventories 
increased in the week ended May 8 after falling to a 10-month low the previous 
week, while gasoline stocks declined sharply, jet fuel inventories moved lower, 
and crude oil inventories decreased, according to data released by the U.S. 
Energy Information Administration on Wednesday (5/13).

   Distillate fuel oil inventories in PADD 1 increased by 1.2 million bbl to 
25.8 million bbl in the respective week and were above the 22.6 million bbl 
recorded in the same period last year. Despite the increase, the latest level 
remained near the lowest inventories since the week ended July 11, 2025, when 
stocks stood at 23.6 million bbl. Distillate fuel oil imports averaged 192,000 
bpd, up by 95,000 bpd from the prior week and above the 101,000 bpd imported in 
the same week last year.  

   Motor gasoline stocks in PADD 1 declined by 2.4 million bbl to 54.5 million 
bbl in the week ended May 8, EIA data showed and were below the 58.2 million 
bbl recorded in the same week last year. The latest level was the lowest since 
the week ended January 2, when inventories stood at 53.5 million bbl. Gasoline 
imports into the East Coast averaged 166,000 bpd, down by 250,000 bpd 
week-over-week and below the 571,000 bpd imported in the comparable week of the 
prior year.  

   Crude oil inventories on the East Coast declined by 800,000 bbl to 7.7 
million bbl week-over-week and were slightly below the 8 million bbl reported 
in the same week of 2025. Crude oil imports fell by 292,000 bpd to 304,000 bpd 
and were below the 577,000 bpd recorded in the comparable week last year.  

   Jet fuel inventories in PADD 1 declined by 800,000 bbl to 9.7 million bbl in 
the reference week but remained slightly above the 9.6 million bbl recorded in 
the same period last year. Imports of the product into the region averaged 0 
bpd, down from 19,000 bpd the prior week and below the 13,000 bpd imported a 
year earlier.  

   Refinery utilization on the East Coast increased to 90% from 89.2% the 
previous week, with crude oil inputs decreasing by 7,000 bpd to 818,000 bpd, 
EIA data showed.




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