EIA: PADD 1 Distillate Stocks Dip to a 10-Month Low

HOUSTON TX (DTN) – The East Coast (PADD 1) saw the steepest distillate fuel oil inventory draw in the last 10 months during the week ended May 15, while gasoline stocks and jet fuel inventories rose, and crude oil stocks were flat, according to data released by the U.S. Energy Information Administration on Wednesday (5/20).

Distillate fuel oil inventories in PADD 1 saw a 1.8 million bbl draw to close at 24 million bbl last week, the lowest since July 11, 2025, when they were at 23.6 million bbl. However, the figure was higher than 22.6 million bbl recorded in the same period last year. Distillate fuel oil imports averaged 125,000 bpd, down by 67,000 bpd from the prior week, but nearly double the 76,000 bpd imported during the same week last year. 

Motor gasoline stocks in PADD 1 rose by 1.4 million bbl to 55.1 million bbl in the week ended May 15, EIA data showed. This was below 58.2 million bbl recorded in the same week last year. Gasoline imports into the East Coast climbed by 291,000 bpd to 457,000 bpd week-on-week and were below the 468,000 bpd imported in the same week the prior year.  

Crude oil inventories on the East Coast were unchanged at 7.7 million bbl week-over-week, down from 8.7 million bbl seen year-over-year. Crude oil imports fell by 1,000 bpd to 303,000 bpd in the profiled week and were well below the 705,000 bpd recorded in the comparable week last year.  

Jet fuel inventories in PADD 1 rose by 1.6 million bbl to 11.3 million bbl in the reference week, above the 10.2 million bbl seen year-over year. Jet fuel weekly imports into the region rose to 13,000 bpd from zero the previous week and were below the 15,000 bpd seen in the same week a year earlier.  

Refinery utilization on the East Coast declined to 89.3% from 90.0% the previous week, with crude oil inputs rising by 8,000 bpd to 826,000 bpd, the EIA reported.