EIA: PADD 2 Distillate Stocks Rise 1.5M Bbl on Week


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- Midwest inventories for distillate fuel, gasoline, 
jet fuel and crude oil all increased in the week ending November 28, U.S. 
Energy Information Administration data released Wednesday (12/03) showed.

   Regional distillate fuel oil inventories increased by 1.5 million bbl to 
24.9 million bbl, while remaining under the 27.4 million bbl reported in the 
same week of last year. The region held 24 million bbl of ultra-low sulfur 
diesel, compared with 26.8 million bbl last year.

   PADD 2 gasoline stocks rose by 300,000 bbl to 44.9 million bbl in the 
profiled week, compared with 45.3 million bbl in the same week last year. Motor 
gasoline blending component stocks also posted a small build, up 100,000 bbl to 
41.1 million bbl, versus the 41.5 million bbl inventory for the same week of 
last year.

   Jet fuel stockpiles in the Midwest recorded a slight build, rising 100,000 
bbl to 7.7 million bbl, identical to the inventory level from a year ago.

   Crude oil stockpiles in PADD 2 edged up 100,000 bbl to 101 million bbl, 
compared with 107.7 million bbl in the same week last year.




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