EIA: PADD 2 Distillate Stocks Fall 1Mb W-o-W

DAVENPORT, FL (DTN) – U.S. Midwest PADD 2 distillate inventories declined, along with stocks of gasoline, crude oil and jet fuel, during the week ending October 3, according to U.S. Energy Information Administration data released Wednesday (10/8).

PADD 2 distillate inventories fell by 1 million bbl to 30.4 million bbl in the profiled week, slightly above the 30 million bbl recorded in the same week of the previous year. The region imported 8,000 bpd of distillates, unchanged from the prior week and compared with 7,000 bpd in the same week last year.

PADD 2 gasoline stocks slipped by 100,000 bbl to 47.4 million bbl in the reference week, 2.4 million bbl above the comparable week of prior year. Gasoline imports were 18,000 bpd, up from 16,000 bpd the prior week and versus 5,000 bpd in the same week last year.

Midwest jet fuel inventories declined by 200,000 bbl to 7.6 million bbl in the respective week. That was 1.2 million bbl above the volume reported in the corresponding week of last year. Regional jet fuel imports were zero, unchanged from the prior week and compared with zero imports in the same period last year.

Crude oil inventories in PADD 2 fell by 900,000 bbl to 100.7 million bbl in the week ending October 3, compared with 106.2 million bbl reported during the same week of the prior year.