U.S. jet fuel demand, refinery production and overall stockpiles all cooled during the week ended Friday, according to Energy Information Administration data.
Domestic demand for jet fuel fell by 318,000 b/d to 1.828 million b/d, the EIA said Wednesday. Consumption has been vacillating around this level for the past several weeks.
Nationwide production of jet fuel tapered off by 70,000 b/d to 2.065 million b/d, marking its lowest operating pace since the week of May 15. Despite the dip, overall domestic output rates have consistently held above the 2 million b/d threshold since the week of April 17.
By region, the U.S. Midwest (PADD 2) saw the steepest decrease in production, falling by 47,000 b/d to 342,000 b/d, its thinnest position since the week of June 26. The U.S. Gulf Coast (PADD 3) saw output wane by 29,000 b/d to 1.157 million b/d, reaching its lowest output rate since the final week of May.
In contrast, West Coast (PADD 5) production rates ticked up by 4,000 b/d to 456,000 b/d, while the Rocky Mountain region (PADD 4) saw levels increase by 2,000 b/d to 37,000 b/d. The East Coast (PADD 1) was the only refining district to hold completely flat, with output marked at 73,000 b/d matching both the previous week's level and its year-ago standing.
