EIA: Gulf Coast Distillate Supplies Post 1st Build in 4Wks


   EIA: Gulf Coast Distillate Supplies Post 1st Build in 4Wks

   
Kristina Davis
DTN Refined Fuels Market Reporter

    

    

   MIAMI, FL (DTN) --- Gulf Coast PADD 3 distillate inventories rose for the 
first time in four weeks in the week ending July 11, while gasoline supply also 
increased and crude oil and jet fuel supplies declined, according to Energy 
Information Administration data released this morning.

   Distillate stocks rose by 2.6 million bbl to 43.2 million bbl last week from 
40.6 million bbl the week prior, marking the largest increase among major 
products this week. Supplies are 2.5 million bbl lower than the 45.7 million 
bbl recorded in the same period last year. The Gulf Coast brought in no 
distillate imports last week or a year ago.

   PADD 3 gasoline inventories rose by 2.0 million bbl to 85.4 million bbl in 
the respective week. Stocks sit 3.5 million bbl below the 88.9 million bbl 
reported during the same week in 2024. Imports fell to 49,000 bpd from 78,000 
bpd the prior week but above the 34,000 bpd received one year ago.

   Jet fuel inventories fell by 1.0 million bbl to 14.2 million bbl from 15.2 
million bbl. Stocks matched the same level reported a year ago. The region 
recorded zero jet fuel imports for a third straight week, also in line with 
last year's figures.

   Crude oil supplies fell by 1.9 million bbl to 238.8 million bbl in the 
respective week. Inventories are 9.7 million bbl below the 248.5 million bbl 
reported in the same week of 2024.




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