04-10-2013: Weekly ARA gasoline, gasoil stocks fal

LONDON, Oct 3 (Reuters) – Gasoline stocks independently held at the Amsterdam-Rotterdam-Antwerp storage hub fell 7.8 percent to 770,000 tonnes last week, data from Dutch oil consultant Pieter Kulsen showed on Thursday.

Gasoil stocks fell 4.9 percent to 2.012 million tonnes, fuel oil stocks declined 12.3 percent while jet fuel stocks rose 22.1 percent.

The draw in gasoline and gasoil stocks were led by higher demand for winter-grade products.
“Importers wanted to replenish stocks of gasoline and gasoil with the switch to winter spec while end consumer were replenishing heating oil stocks.” Kulsen said.
Lower water levels along the Rhine river nevertheless hampered trade as barge loading was limited and freight costs rose, he said.

Trading along the river was expected to improve in the coming days with forecasts for rain, supporting better barge-loading.

03/10/13 26/09/13 04/10/12
GASOLINE 770 835 642
NAPHTHA 117 60 97
GAS OIL 2,012 2,116 2,166
FUEL OIL 681 777
JET FUEL 448 367
All figures in thousands of tonnes
Incoming cargoes Outgoing cargoes
GASOLINE Britain, Estonia, France, Germany (Hamburg), Russia Britain, Lithuania, Mexico, Oman, Spain, South Africa
NAPHTHA Norway Russia
GAS OIL France, Russia France for orders
FUEL OIL Brazil, Lithuania, Poland, Russia
1 VLCC sails Oct 3 to Singapore;
VLCC arrived Oct 2 being loaded for Singapore
JET FUEL India, South Korea

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