04-9-2014 ARA gasoil stocks at highest since 2011

LONDON, Sept 4 (Reuters) – Gasoil stocks independently held at Europe’s Amsterdam-Rotterdam-Antwerp climbed to their highest level since June 2011, data from Dutch oil analyst Patrick Kulsen showed on Thursday.

Gasoil inventories rose to 2.781 million tonnes from 2.752 million tonnes last week, boosted by imports. “There were lots of incoming cargoes and not much going up the Rhine,” said Kulsen.
Gasoline stocks fell to 713,000 tonnes, down 12 percent from last Thursday. Kulsen said this was due to large volumes of gasoline moving to Canada in the week.

Naphtha stocks fell to 181,000 tonnes from 239,000 tonnes, which Kulsen attributed to demand from gasoline blenders.

Fuel oil inventories rose to 781,000 tonnes from 583,000 tonnes last Thursday, in anticipation of a VLCC tanker loading for Singapore.
Jet fuel stocks fell to 368,000 tonnes from 384,000 tonnes last week.

4/9/2014 28/8/2014 5/9/2013
GASOLINE 713 811 720
NAPHTHA 181 239 50
GAS OIL 2,781 2,752 2,057
FUEL OIL 781 583
JET FUEL 368 384
All figures in thousands of tonnes
Incoming cargoes Outgoing cargoes
GASOLINE Britain, France, Poland Canada, Sweden, USA
NAPHTHA Britain, France, Germany, Russia France
GAS OIL Estonia, Finland, France, Russia, Sweden, USA France
FUEL OIL Poland, Russia 1 VLCC loading for Singapore
JET FUEL Germany, Saudi Arabia None

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