Commodities February 4, 2026

U.S. Gasoline Inventories Climb to Highest Level Since June 2020

EIA weekly report shows a rise in gasoline stocks, a sharp drop in distillates and lower crude field production

By Caleb Monroe
U.S. Gasoline Inventories Climb to Highest Level Since June 2020

The Energy Information Administration's weekly Petroleum Status Report shows U.S. gasoline inventories increased by 685,000 barrels to 257.9 million barrels for the week ended January 30, reaching the highest level recorded since June 2020. The same report records the largest week-over-week decline in distillate stockpiles since February 2021, with no specific figures provided, and notes U.S. weekly field crude oil production dropped to its lowest point since November 2024.

Key Points

  • Gasoline inventories increased by 685,000 barrels to 257.9 million barrels for the week ended January 30, the highest level since June 2020 - impacts energy and transportation fuel supply metrics.
  • Distillate stockpiles recorded their largest week-over-week decline since February 2021, though the EIA did not publish a specific figure for that drop - relevant to heating and diesel fuel considerations.
  • U.S. weekly field production of crude oil fell to its lowest level since November 2024, a data point that intersects with crude supply assessments and refinery feedstock availability.

The Energy Information Administration's latest weekly Petroleum Status Report documents a notable build in gasoline supplies, with inventories rising by 685,000 barrels to reach 257.9 million barrels for the week ended January 30. That level represents the highest gasoline stockpile total reported since June 2020.

Alongside the gasoline increase, the report indicates distillate fuel inventories experienced their largest week-over-week decline since February 2021. The EIA did not publish a specific numeric value for that distillate drawdown in the release.

In addition, the agency's data shows U.S. weekly field production of crude oil decreased to its lowest level since November 2024. The report does not provide further breakdowns tying the production change directly to the movements in product inventories.


Context and reporting limits

The EIA release provides these headline inventory and production movements but does not include detailed figures for the distillate decline, nor does it attribute causes for the shifts in stockpiles and crude output within the single-week snapshot. As presented, the dataset covers the week ended January 30 and summarizes three discrete observations: the gasoline build, the notable distillate decline, and the fall in field crude production to a recent low.

What the data show

  • Gasoline inventories rose by 685,000 barrels to 257.9 million barrels for the week ended January 30.
  • Distillate stockpiles experienced their largest week-over-week decline since February 2021; a specific quantity was not provided.
  • U.S. weekly field production of crude oil fell to the lowest level since November 2024.

Readers should note the report presents a limited set of figures for the week in question and does not supply additional explanatory detail within the release. The information is confined to the data points listed for that reporting period.

Risks

  • The EIA report does not provide a specific numeric value for the distillate decline, limiting the ability to fully assess the magnitude and implications of that drawdown - this affects stakeholders tracking diesel and heating fuel supply.
  • The report offers a single-week snapshot without explanatory detail linking production changes to inventory movements, creating uncertainty about underlying drivers - this limits interpretation for markets and supply planning.
  • Data coverage is confined to the week ended January 30, which may not reflect longer-term trends or upcoming shifts in supply and demand dynamics - this temporal limitation affects short-term decision-making in energy and transportation sectors.

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