EIA: PADD 3 Distillate Stocks Hit 7-Month Low


   
Miguel E. Andujar
DTN Refined Fuels Market Reporter

   DAVENPORT, FL (DTN) -- U.S. Gulf Coast (PADD 3) distillate fuel oil 
inventories fell to a seven-month low in the week ended April 3, while gasoline 
stocks increased and jet fuel inventories declined, according to data released 
by the U.S. Energy Information Administration on Wednesday (4/8).

   Distillate fuel oil inventories in PADD 3 decreased by 3 million bbl to 42 
million bbl in the week ending April 3 and were above the 39.7 million bbl 
recorded in the same period last year. The latest level is the lowest since the 
week ended August 22, 2025, when inventories stood at 42.7 million bbl.

   Jet fuel inventories in PADD 3 fell by 100,000 bbl to 14.1 million bbl 
during the reference week and were above the 12.8 million bbl reported in the 
same week last year. The latest level is the lowest since the week ended March 
6, when inventories were at 12.8 million bbl. As a net exporter of distillates 
and jet fuel, PADD 3 does not report imports of those products.

   Motor gasoline inventories in PADD 3 rose by 1.9 million bbl to 88.3 million 
bbl after increasing 2.7 million bbl in the previous week and were above the 
84.0 million bbl reported in the same week last year. Gasoline imports into the 
Gulf Coast averaged 15,000 bpd, down by 70,000 bpd week-over-week and below the 
125,000 bpd imported in the comparable week of 2025. The decline in gasoline 
imports alongside elevated refinery runs suggests the region remains well 
supplied from domestic production.

   Crude oil inventories in PADD 3 increased by 2.7 million bbl to 271.3 
million bbl week-over-week and were above 254.3 million bbl recorded in the 
same week of 2025. Crude oil imports into the Gulf Coast fell by 434,000 bpd to 
1.082 million bpd and were below the 1.118 million bpd recorded in the 
comparable week last year.

   Refinery utilization on the Gulf Coast declined to 95.6% from 97.4% the 
previous week, with crude oil inputs falling by 244,000 bpd to 9.218 million 
bpd, EIA data showed.

    




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