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.
|Incoming cargoes||Outgoing cargoes|
|GASOLINE||Britain, Estonia, France, Germany (Hamburg), Russia||Britain, Lithuania, Mexico, Oman, Spain, South Africa|
|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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