EIA: PADD 3 Distillate Stocks Hit 7-Month Low
4/08 10:56 AM
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. (c) Copyright 2026 DTN, LLC. All rights reserved.
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN