US fuel output declines in January
The US produced 11% less fuel oil per day on average in January compared to December, according to the Energy Information Administration (EIA).

Changes in monthly US residual fuel oil from December to January:
- Production down 36,000 b/d to 287,000 b/d
- Supply down 147,000 b/d to 275,000 b/d
- Imports down 121,000 b/d to 100,000 b/d
Volumes of fuel oil supplied out of US storage tanks has decreased in January so far. The fuel oil goes to outlets like bunker fuel blenders and bulk terminals, refinery coking units for upgrades to higher-value products, or to power generation.
Supply, which can also imply demand, has decreased from 422,000 b/d in December 2025 to 275,000 b/d as of 16 January, the EIA reports.
US refineries have produced 36,000 b/d less fuel oil in January so far, while imports have decreased by 121,000 b/d.
Total US fuel oil stocks have increased by 1.48 million bbls on the month to 23.94 million bbls.
By Gautamee Hazarika
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