EIA: PADD 1 Distillate Stocks at All-Time Low; Gasoline Up


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- U.S. East Coast distillate stocks hit record lows last 
week while gasoline, jet fuel and crude oil inventories increased, the Energy 
Information Administration (EIA) reported Wednesday.

   Refinery utilization in the PADD 1 region was virtually unchanged during the 
week ended August 28 versus the prior week, the EIA's Weekly Petroleum Status 
Report showed.

   Distillate inventories on the East Coast dropped by 1.7 million bbl to 19.3 
million bbl during the profiled week, standing 9.4 million bbl below the 28.7 
million bbl reported during the same week last year.

   EIA historical data showed the inventory level of 19.3 million bbl for the 
week ended August 28 to be the lowest ever for PADD 1 distillates since 
regional record-keeping began in January 1990.

   Distillate imports into the region dropped to 49,000 bpd from 133,000 bpd 
the previous week, though remaining slightly above the 47,000 bpd brought in 
during the comparable week of 2025.

   Gasoline stocks in PADD 1 rose by 300,000 bbl to 52.6 million bbl during the 
reference week, though they remained 2.9 million bbl below the 55.5 million bbl 
recorded during the same week last year.

   Gasoline imports into the region fell to 278,000 bpd from 433,000 bpd the 
previous week and were below the 411,000 bpd reported during the comparable 
week of 2025.

   Jet fuel inventories increased by 200,000 bbl to 11.2 million bbl during the 
reference week and were 800,000 bbl above the 10.4 million bbl reported during 
the comparable week in 2025.

   East Coast jet fuel imports averaged 13,000 bpd, matching the previous week 
and up from zero bpd imported during the comparable week of 2025.

   Crude oil inventories on the East Coast built by 100,000 bbl to 8.5 million 
bbl during the week profiled and were 800,000 bbl above the 7.7 million bbl 
reported during the same week last year. Crude imports into the region averaged 
530,000 bpd, down from 653,000 bpd the previous week but above the 431,000 bpd 
reported during the comparable week of 2025.

   Refinery utilization on the East Coast edged down to 86.6% of operable 
capacity from 86.7% the previous week, while crude oil inputs dropped by 9,000 
bpd to 788,000 bpd.




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