Just after media outlets confirmed a fire at Chevron’s 290,000 bpd El Segundo Refinery on Friday, October 2nd at 9:30 PM, concerns began to emerge about its potential impact on the U.S. fuels market. As the third-largest refinery on the West Coast, El Segundo plays a vital role in regional supply chains. Notably, it holds a strategic crude reserve of around 12.4 million barrels—enough to sustain full-capacity operations for 43 days, according to Chevron’s official site.
Using VesselTracker data, we observed continued crude deliveries over the weekend, including Canadian Cold Lake and Blended Crude shipped from Panama’s South Coast—highlighting Chevron’s supply chain resilience in the face of disruption.
Subscribers will receive a full analysis of this event’s implications for crude imports and market dynamics in our North American Waterborne Crude Report. Learn more: https://go.woodmac.com/l/131501/2025-10-07/34w596
