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CEC: California Diesel Stocks Climb 94K Bbl Wk-on-Wk

CEC: California Diesel Stocks Climb 94K Bbl Wk-on-Wk

MIAMI, FL (DTN) –California diesel inventories increased in the week ending October 10, with Northern California showing the largest build, according to the California Energy Commission’s Weekly Fuels Report released Thursday (10/16).
Statewide diesel stocks, including CARB and other grades, climbed by 94,000 bbl to 3 million bbl in the reference week, up 5% from last year.
Northern California diesel inventories rose by 79,000 bbl to 1.241 million bbl in the profile week and stood 5% below the same period of last year. CARB diesel in the north climbed by 176,000 bbl to 910,000 bbl, on a weekly basis, while other diesel fell by 403,000 bbl to 331,000 bbl last week. 
Southern California diesel inventories increased by 15,000 bbl to 1.764 million bbl, up 11% year over year. CARB diesel in the south rose by 27,000 bbl to 943,000 bbl, and other diesel slipped by 12,000 bbl to 821,000 bbl as of October 10.
Statewide diesel production climbed by 45,000 bbl to 1.540 million bbl, nearly flat compared with the same week of the prior year.
Southern California diesel production fell by 28,000 bbl to 1 million bbl, down 5% on the year. CARB diesel output in the south dropped by 127,000 bbl to 409,000 bbl, other diesel production rose by 99,000 bbl to 598,000 bbl, in the reference period.
Northern California diesel production climbed by 73,000 bbl to 533,000 bbl week-over-week, a 2% increase from the same week of last year. CARB diesel output in the north rose sharply by 404,000 bbl to 432,000 bbl  as of October 10, while other diesel production fell by 331,000 bbl to 101,000 bbl last week.

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