EIA: PADD 5 Gasoline Stocks Rebound After Weeks of Decline
4/01 10:00 AM
EIA: PADD 5 Gasoline Stocks Rebound After Weeks of Decline
Kristina Davis
DTN Refined Fuels Market Reporter
MIAMI, FL (DTN) -- West Coast gasoline and distillate stocks showed mixed
movements last week while jet fuel inventories were unchanged in the week
ending March 27, Energy Information Administration data showed Wednesday (4/1).
Motor gasoline inventories in the PADD 5 region rose after weeks of decline,
climbing by 600,000 bbl to 27.5 million bbl in the week ending March 27,
500,000 bbl lower than in the same week last year. PADD 5 gasoline imports grew
by 148,000 bpd to 317,000 bpd and were 148,000 bpd higher than last year.
Distillate fuel oil inventories in the region slipped by 800,000 bbl to 10.9
million bbl during the week profiled and were 500,000 bbl lower than last year.
Distillate imports fell by 33,000 bpd to 1,000 bpd and were 2,000 bpd lower
than last year.
Jet fuel stocks on the West Coast held steady at 11 million bbl and were
100,000 bbl higher than last year. Jet fuel imports increased by 2,000 bpd to
109,000 bpd, 29,000 bpd higher than the previous year.
Crude oil inventories in PADD 5 climbed by 1.6 million bbl to 45.5 million bbl
in the reference week and were 2.7 million bbl lower than last year. Crude
imports dropped by 49,000 bpd to 1.059 million bpd and were 100,000 bpd lower
compared with the same week last year.
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