EIA: PADD 1 Diesel Stocks Hit 4-Year Low, Gasoline DN Too


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- U.S. East Coast distillate stocks hit a four-year low 
last week, while motor gasoline, distillate and jet fuel inventories declined 
too, the Energy Information Administration (EIA) reported Wednesday (8/26).

   Crude oil stocks, meanwhile, rose, along with refinery utilization during 
the week ended August 21, the EIA said its EIA's Weekly Petroleum Status Report.

   Distillate inventories on the East Coast dropped by 1.2 million bbl to 21.0 
million bbl during the profiled week, standing 7.9 million bbl below the 28.9 
million bbl reported during the same week last year. EIA historical data showed 
the stock level for the week ended August 21 to be the lowest for PADD 1 
distillates since the week to May 27, 2022, when inventories then stood at 
20.97 million bbl.

    Motor gasoline stocks in PADD 1 fell by 100,000 bbl to 52.3 million bbl 
during the reference week, even as they remained 2.7 million bbl below the 55.0 
million bbl recorded during the same week last year. Gasoline imports into the 
region increased to 433,000 bpd from 242,000 bpd the previous week but remained 
below the 550,000 bpd reported during the comparable week of 2025.

   Jet fuel inventories decreased by 300,000 bbl to 11.0 million bbl during the 
reference week but were 900,000 bbl above the 10.1 million bbl reported during 
the comparable week in 2025. East Coast jet fuel imports averaged 13,000 bpd, 
flat with the previous week and matching the 13,000 bpd imported during the 
comparable week of 2025.

   Crude oil inventories on the East Coast built by 600,000 bbl to 8.4 million 
bbl during the week profiled and were 400,000 bbl above the 8.0 million bbl 
reported during the same week last year. Crude imports into the region averaged 
653,000 bpd, up from 472,000 bpd the previous week and above the 583,000 bpd 
reported during the comparable week of 2025.

   Refinery utilization on the East Coast increased to 86.7% of operable 
capacity from 84.8% the previous week, while crude oil inputs increased by 
13,000 bpd to 797,000 bpd, EIA data showed.




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