EIA: PADD 1 Distillate Stocks Continue Trend Higher


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- U.S. East Coast distillate fuel oil stocks built 
further to continue recovering from recent one-year lows, weekly data from the 
U.S. Energy Information Administration (EIA) showed Wednesday.

   Gasoline and crude inventories also edged slightly higher across the PADD 1 
region, while jet fuel balances decreased, according to the EIA's Weekly 
Petroleum Status Report for the week ended June 12.

   Distillate inventories on the East Coast increased by 400,000 bbl to 23.5 
million bbl during the referenced week, the EIA said. Despite the back-to-back 
weekly gain, the regional distillate balance remained down by 1.6 million bbl 
compared to the 25.1 million bbl logged during the same week last year.

   In terms of imports, the East Coast took in 103,000 bpd of distillate fuel 
for the week ended June 12. This commercial volume reflects a decline from the 
120,000 bpd imported in the prior week and the 119,000 bpd recorded a year ago.

   Gasoline stocks in PADD 1 edged up by 100,000 bbl to 56.8 million bbl, 
extending a slow recovery from recent multi-month lows. Gasoline inventories in 
the latest week tracked by the EIA were lower by 1.9 million bbl from the 58.7 
million bbl seen a year ago.

   Import-wise, East Coast gasoline inflows averaged 500,000 bpd during the 
week ended June 12. That import level represents an increase from the 485,000 
bpd brought in during the prior week but a sharp decline from the 745,000 bpd a 
year ago.

   Jet fuel inventories in the PADD 1 region fell by 900,000 bbl from the week 
prior to 10.3 million bbl. Year-on-year, jet fuel stock levels shifted lower by 
700,000 bbl from the 11.0 million bbl recorded during the same period in 2025.

   PADD 1 jet fuel imports fell to 13,000 bpd in the week ended June 12. This 
foreign supply level downshifted from 39,000 bpd in the prior week and held 
flat against the 13,000 bpd recorded a year ago.

   Crude stocks on the East Coast rose by 100,000 bbl week-over-week to finish 
at 7.9 million bbl. This minor stock build left regional crude inventories down 
1.4 million bbl from the 9.3 million bbl observed during the same week last 
year.

   Inbound crude imports to the East Coast averaged 211,000 bpd during the week 
ended June 12. This import volume marks a decline from the 368,000 bpd entered 
in the prior week and the 550,000 bpd recorded a year ago.




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