CEC: California Diesel Stocks Climb 66K Bbl W-o-W

MIAMI, FL (DTN) — California diesel inventories edged higher in the week ending October 24, driven by increased supplies in Northern California, according to data from the California Energy Commission’s Weekly Fuels Report released Thursday (October 30).
Statewide diesel stocks, including CARB and other grades, climbed by 66,000 bbl to 2.789 million bbl from 2.723 million bbl, up 19% year over year.
Northern California saw the largest movement, with total diesel inventories climbing by 215,000 bbl to 1.347 million bbl from 1.132 million bbl, reflecting a strong regional build. Northern CARB diesel rose by 212,000 bbl to 990,000 bbl from 778,000 bbl, while other diesel increased slightly by 3,000 bbl to 357,000 bbl from 354,000 bbl.
Southern California diesel inventories, by contrast, fell by 149,000 bbl to 1.442 million bbl from 1.591 million bbl, though still down 2% year over year. CARB diesel in the south dropped by 151,000 bbl to 684,000 bbl from 835,000 bbl, while other diesel inched higher by 2,000 bbl to 758,000 bbl from 756,000 bbl.
Statewide diesel production climbed by 158,000 bbl to 1.497 million bbl from 1.339 million bbl, up 3% year over year. Southern California led the rise in output, with total diesel production climbing by 141,000 bbl to 954,000 bbl from 813,000 bbl, although still down 13% year on year. Southern CARB diesel output rose by 117,000 bbl to 534,000 bbl from 417,000 bbl, while other diesel increased by 24,000 bbl to 420,000 bbl from 396,000 bbl.
Northern California diesel production increased by 17,000 bbl to 543,000 bbl from 526,000 bbl, surging 50% year over year. Northern CARB diesel output rose by 7,000 bbl to 403,000 bbl from 396,000 bbl, and other diesel climbed by 10,000 bbl to 140,000 bbl from 130,000 bbl.