EIA: USGC Gasoline Stocks See 4.2M Bbl Weekly Build

MIAMI, FL (DTN) — U.S. Gulf Coast refined product inventories were mixed during the week ending November 28, according to U.S. Energy Information Administration data released Wednesday (12/03).
Gasoline stocks in PADD 3 climbed by 4.2 million bbl to 85.5 million bbl last week, compared with the 81.8 million bbl inventory in the same week last year. Gasoline imports in the region rose to 3,000 bpd from zero imports in the same week of last year.

PADD 3 crude oil stocks slipped by 500,000 bbl to 246.5 million bbl in the reference week, which is 10.9 million higher than the 235.6 million bbl level in the previous year. Crude oil imports in the same region dropped by 404,000 bpd to 881,000 bpd week-over-week. This was 675,000 bpd lower than the volume imported in the same week of the prior year. 
U.S. Gulf Coast distillate inventories fell by 800,000 bbl to 45.4 million bbl in the week ending November 28, above the 40.3 million bbl stockpile reported in the same period of the previous year.
Jet fuel inventories in PADD 3 declined by 200,000 bbl to 14.4 million bbl in the reference week, above the 12.8 million bbl level reported last year.

No imports of distillate and jet fuel were recorded in the region.