EIA: PADD 2 Gasoline Stocks Near 7-Month Low


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- Midwest gasoline inventories fell for a sixth 
consecutive week last week, nearing a seven-month low, data from the U.S. 
Energy Information Administration (EIA) showed Thursday (5/28).

   Stocks of crude oil and distillate fuel oil also slipped in the PADD 2 
region during the week ended May 22, while jet oil balances stood flat, the 
EIA's Weekly Petroleum Status Report.

   Motor gasoline inventories in the PADD 2 region decreased by 1.3 million bbl 
on the week to 43 million. That was the lowest balance for Midwest gasoline 
since the week ended July 11, when it stood at 43.6 million bbl.

   For the year, PADD 2 gasoline stocks dropped 2.8 million bbl from the 46.5 
million level seen during the same week of 2025. Imports of gasoline, 
meanwhile, were at 2,000 bpd compared to zero the prior week and 22,000 bpd a 
year ago.

   Distillate fuel oil inventories in PADD 2 slid by 200,000 bbl on the week to 
23.6 million bbl, the EIA data showed. On the year, they were 200,000 bbl 
higher.

   Distillate fuel oil imports averaged 18,000 bpd, down from 1,000 bpd the 
prior week and more than double the 7,000 bpd imported a year earlier.

   Jet fuel inventories in the Midwest were flat at 6.8 million bbl but were 
200,000 bbl above  the 6.6 million bbl recorded in the same week last year. 
During the profiled week, PADD 2 jet fuel imports were at 18,000 bpd, up 1,000 
bpd from the week prior and 11,000 higher year-on-year.

   Crude oil imports in PADD 2 averaged 2.945 million bpd during the reference 
week, compared with 2.916 million bpd the prior week and 2.78 million bpd 
reported in the same week of the prior year.




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