EIA: PADD 1 Distillate Stocks Rebound From One-Year Low


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- U.S. East Coast distillate fuel oil stocks rebounded 
from one-year lows after growing last week, weekly data from the U.S. Energy 
Information Administration (EIA) showed Wednesday (6/10).

   Gasoline inventories rose slightly to continue climbing from recent bottoms, 
while jet fuel inventories and crude balances both fell in the PADD 1 region, 
according to the EIA's Weekly Petroleum Status Report for the week ended June 5.

   Distillate inventories on the East Coast rose by 900,000 bbl to 23.1 million 
bbl during the referenced week, the EIA said.

   Despite the weekly gain, the regional distillate balance remained down by 
2.4 million bbl compared to the 25.5 million bbl logged during the same week 
last year.

   In terms of imports, the East Coast took in 120,000 bpd of distillate fuel 
for the week ended June 5. This commercial volume reflects an increase from the 
86,000 bpd imported in the prior week and the 89,000 bpd recorded a year ago.

   Gasoline stocks in PADD 1 edged up by 100,000 bbl to 56.7 million bbl, 
continuing a slow recovery from recent multi-month lows. Gasoline inventories 
in the latest week tracked by the EIA were, however, lower by 2.8 million bbl 
from the 59.5 million bbl seen a year ago.

   Import-wise, East Coast gasoline inflows averaged 714,000 bpd during the 
week ended June 5. That import level represents a decline from the 780,000 bpd 
brought in during the prior week and the 914,000 bpd a year ago.

   Jet fuel inventories in the PADD 1 region fell by 800,000 bbl from the week 
prior to 11.2 million bbl. Year-on-year, jet fuel stock levels managed a slight 
increase of 200,000 bbl over the 11.0 million bbl recorded during the same 
period in 2025.

   PADD 1 jet fuel imports fell sharply to 39,000 bpd in the week ended June 5. 
This foreign supply level downshifted from 131,000 bpd in the prior week but 
rose against the 13,000 bpd a year ago.

   Crude stocks on the East Coast fell by 7.2 million bbl week-over-week to 
finish at 426.5 million bbl. This draw left regional crude inventories down 5.9 
million bbl from the 432.4 million bbl observed during the same week last year.

   Inbound crude imports to the East Coast averaged 5,888,000 bpd during the 
week ended June 5. This import volume marks a decline from the 6,397,000 bpd 
entered in the prior week and 6,176,000 bpd a year ago.

   Refinery utilization on the East Coast rose to 84% from 83.5% the previous 
week, with crude oil inputs growing by 3,000 bpd to 777,000 bpd, the EIA 
reported.




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