BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to: Latest news headlines Analytical topics and features Commodities videos, podcast & blogs Sample market prices & data Special reports Subscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list
Shipping

US data: EIA says residual fuel oil stocks hit five-year low

Steel

How the US-China trade war is impacting Asian flat steel markets

Shipping | Marine Fuels

Platts Bunkerworld

Oil | Refined Products | Fuel Oil | Shipping | Dry Freight | Marine Fuels | Tankers

Mediterranean Bunker Fuel Conference, 7th Annual

Shipping

Feature: St. Lawrence Seaway commodity tonnage up despite US-Canada trade rift

US data: EIA says residual fuel oil stocks hit five-year low

US fuel oil stocks ended the week at their lowest levels in more than five years, US Energy Information Administration data showed Wednesday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Domestic fuel oil inventories ended the week at 31.126 million barrels, a draw of 1.078 million barrels from last week. Stocks were last lower the week that ended June 1, 2012, when they totaled 31.022 million barrels, EIA data showed.

Stocks fell more than 1 million barrels for the second straight week, and are down 9.312 million barrels from the same time a year ago, data showed.

US Gulf Coast stocks totaled 18.502 million barrels, a draw of 562,000 barrels from last week. Since the week that ended November 10, USGC inventories have declined 2.317 million barrels. Stocks in the region were last lower when they totaled 18.116 million barrels the week that ended January 23, 2015.



US West Coast stocks fell 421,000 barrels to 4.315 million barrels. US Atlantic Coast stocks rose just 5,000 barrels to 7.18 million barrels, and were the only region to see a week-on-week build from a week ago.

Imports of fuel oil into the US fell 32% to 145,000 b/d, their lowest since they averaged 102,000 b/d in the week that ended November 3.

--Patrick Burns, patrick.burns@spglobal.com

--Edited by Valarie Jackson, valarie.jackson@spglobal.com