03-07-14: ARA gasoline stocks rise by 16.5%

LONDON, July 3 (Reuters) – Gasoline stocks held at Europe’s Amsterdam-Antwerp-Rotterdam (ARA) storage hub jumped by 16.5 percent to 887,000 tonnes week-on-week, data from Dutch oil analyst Patrick Kulsen showed.

Gasoil inventories rose by 4.9 percent to 2.491 million tonnes compared to the prior week’s 2.374 million tonnes.

The build in gasoil stocks was due to contango in front month gasoil futures and greater imports from the Baltic states, Kulsen said.

Naththa and jet fuel stocks fell while fuel oil inventories rose.

03/07/14 26/06/14 04/07/13
GASOLINE 887 761 721
NAPHTHA 200 215 175
GAS OIL 2,491 2,374 1,897
FUEL OIL 740 716
JET FUEL 377 387 354
All figures in thousands of tonnes
Incoming cargoes Outgoing cargoes
GASOLINE Britain, Denmark, Latvia, Russia Greece, Norway, Nigeria, Sweden, WAF for order, USA
NAPHTHA Germany, Russia, Latvia Poland, Russia Germany
GAS OIL Latvia, Poland, Russia Britain, France, WAF for orders
FUEL OIL Brazil, Britain, Germany, Russia, USA

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