LONDON, July 10 (Reuters) – Gasoline stocks independently held at Europe’s Amsterdam-Antwerp-Rotterdam (ARA) hub fell by 10 percent to 798,000 tonnes week-on-week, data from Dutch oil consultant Patrick Kulsen showed on Thursday.
Gasoil stocks rose 4 percent to 2.598 mln tonnes, the tenth straight week of gains, fuelled by low demand, high imports and a contango at the front of the gasoil futures curve that makes storage profitable.
Naphtha, jet fuel and fuel oil stocks all fell, according to the data.
|Incoming cargoes||Outgoing cargoes|
|GASOLINE||Britain, Germany, Latvia||Britain, Canada, Norway, Nigeria, Togo, USA|
|NAPHTHA||Britain, Poland, Russia||Britain|
|GAS OIL||Britain, India, Latvia, Norway, Russia, USA||Britain, France, Sweden|
|FUEL OIL||Brazil, France, Lithuania, Russia||—|
|JET FUEL||Kuwait, Saudi Arabia||—|
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