EIA: PADD 1 Gasoline DN 800K Bbl, Distillates Up 900K


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- East Coast inventories of gasoline and crude oil 
declined in the week ending November 28, while stocks of distillate fuel oil 
and jet fuel increased, U.S. Energy Information Administration data released 
Wednesday (12/03) showed.

   PADD 1 gasoline stocks fell by 800,000 bbl to 48 million bbl in the profiled 
week, compared with 53 million bbl in the same week last year. Motor gasoline 
blending component stocks also declined, down 400,000 bbl to 46 million bbl, 
versus 50.5 million bbl in the same week last year.

   Jet fuel inventories on the East Coast recorded a small build, rising 
500,000 bbl to 9.7 million bbl, compared with 9.9 million bbl in the same week 
last year.

   Regional distillate fuel oil inventories increased by 900,000 bbl to 28.8 
million bbl, still well below the 34.9 million bbl reported in the same week 
last year. The region held 27.6 million bbl of ultra-low sulfur diesel, 
compared with 33.5 million bbl last year.

   Crude oil inventories in PADD 1 rose 1.2 million bbl to 8.5 million bbl, 
compared with 8.6 million bbl in the same week last year.




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