EIA-STEO: U.S. Biofuel Stocks to Reach 34.68M bpd End-2025

SECAUCUS, NJ (DTN) – U.S. biofuels stockpiles are forecast to end the year at 34.68 million bpd, modestly lower than the 34.99 million bpd in 2024, and below the 35.9 million bpd estimate for next year, according to the Energy Information  Short-Term Energy Outlook monthly report released Tuesday (10/7).

Total distillate fuel oil inventories are expected to drop to 130.38 million bpd in 2025 from 140.51 million bpd last year and slide further to 128.875 million bpd in 2026, EIA-STEO data for October showed.

The EIA said total biofuels production was expected to drop to 1.21 million in 2025 from last year’s 1.31 million bpd, although a rebound to 1.28 million bpd was likely in 2026.

Ethanol production for both 2025 and 2026 was at 1.06 million bpd, unchanged from last year, the report stated

Biodiesel output is expected to drop to 80,000 bpd this year from 110,000 bpd in 2024, and below a 90,000 bpd hike estimated in 2026.

Renewable biodiesel production is forecast at 20,000 bpd for 2025, lower compared to last year’s 21,000 bpd and a 26,000 bpd hike forecasted for next year.

“We forecast renewable diesel production to increase in 2026, likely reducing the effects of lower refinery capacity on distillate fuel oil net imports,” the EIA-STEO report stated.