EIA: PADD 3 Distillate Stocks at 9-Month Low


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- U.S. Gulf Coast (PADD 3) distillate fuel oil 
inventories fell to nine-month low during the week ended April 10, while 
gasoline and jet fuel stocks also declined, according to data released by the 
U.S. Energy Information Administration on Wednesday (4/15).

   Distillate fuel oil inventories in PADD 3 decreased by 1.3 million bbl to 
40.7 million bbl in the profiled week, the lowest since the week ended July 4, 
2025, when distillate stocks were at 40.6 million bbl.  The current distillate 
stock level, however, remains above the 40 million bbl balance from a year ago.

   Jet fuel inventories in PADD 3 fell by 200,000 bbl to 13.9 million bbl 
during the reference week and were above the 13.3 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 fell by 4.8 million bbl to 83.5 million 
bbl after increasing 1.9 million bbl in the previous week and were below the 
83.9 million bbl reported in the same week last year. The decline in gasoline 
stocks despite the modest rise in imports suggests robust regional demand or 
higher outbound movements. Gasoline imports into the Gulf Coast averaged 10,000 
bpd, down by 5,000 bpd week-over-week and below the 19,000 bpd imported in the 
comparable week of 2025.

    Crude oil inventories in PADD 3 dropped by 300,000 bbl week-over-week to 
271 million bbl and were above the 254.4 million bbl recorded in the same week 
of 2025. Crude oil imports into the Gulf Coast rose by 151,000 bpd to 931,000 
bpd and were below the 1.423 million bpd recorded in the comparable week last 
year.

   Refinery utilization on the Gulf Coast declined to 94.1% from 95.6% the 
previous week, with crude oil inputs falling by 18,000 bpd to 9.2 million bpd, 
EIA data showed.




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