EIA: PADD 1 Distillate Inventory Up by 1M Bbl on Week
9/17 11:26 AM
EIA: PADD 1 Distillate Inventory Up by 1M Bbl on Week
Miguel E. Andujar
DTN Refined Fuels Market Reporter
DAVENPORT, FL (DTN) -- East Coast PADD 1 distillate inventories rose in the
week ending September 12. Gasoline stocks fell, while jet fuel supplies edged
higher and crude oil inventories posted a small gain, according to U.S. Energy
Information Administration data released on Wednesday (9/17).
PADD 1 distillate inventories increased by 1.0 million bbl to 31.3 million
bbl in the week ending September 12, which is 3.9 million bbl lower than the
volume recorded in the same week of the previous year. The region imported
264,000 bpd of distillates, down slightly from 267,000 bpd the prior week,
compared with 204,000 bpd in the same week of last year.
PADD 1 gasoline stocks declined by 1.1 million bbl to 54.6 million bbl in
the reference week, a 3.8 million bbl drop year-over-year. Gasoline imports
fell to 346,000 bpd, down from 503,000 bpd the prior week and below the 364,000
bpd recorded in the same week of last year.
East Coast jet fuel inventories edged up by 300,000 bbl to 10.6 million bbl
in the respective week. That was 1.8 million bbl below the volume reported in
the corresponding week of last year. Regional jet fuel imports rose to 78,000
bpd from 72,000 bpd week-over-week, but were lower than the 83,000 bpd in the
same period of the previous year.
Crude oil inventories in PADD 1 increased by 200,000 bbl to 7.4 million bbl
in the week ending September 12, compared with 8.0 million bbl reported during
the same week of the prior year.
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