EIA: PADD 1 Gasoline Stocks Hit 18Wk High, Imports 14Wk Low


   
Kristina Davis
DTN Refined Fuels Market Reporter

    

   MIAMI, FL (DTN) --- East Coast PADD 1 gasoline inventories rose for a fourth 
consecutive week to an 18-week high through July 11 while gasoline imports into 
the region fell a third straight week to a 14-week low, -according to the 
latest data from the Energy Information Administration.

   PADD 1 gasoline inventories rose by 300,000 bbl to 63.1 million bbl last 
week, the highest level since the week ended March 7. Data show imports dropped 
212,000 bpd to 414,000 bpd, the lowest level since the week ended April 4.

   Distillate inventories posted a second weekly build, up by 300,000 bbl to a 
four-week high 23.6 million bbl. Imports rose by 109,000 bpd to a six-week high 
133,000 bpd in week ending July 11. This compares with 96,000 bpd a year ago.

   Crude oil inventories rose a second week, up by 200,000 bbl to 9.4 million 
bbl in the reference week. Stocks were 1 million bbl higher than the 8.4 
million bbl reported during the same week in 2024.

   Jet fuel inventories rose about 1.0 million bbl to 11.6 million bbl in the 
respective week. Imports rose by 31,000 bpd after recording zero imports the 
week prior. Year-ago jet imports were 2,000 bpd.




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