EIA: Gulf Coast Distillate Supplies Post 1st Build in 4Wks
7/16 10:55 AM
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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