11-9-2014: Weekly ARA gasoline stocks to 2014 low

LONDON, Sept 11 (Reuters) – Gasoline stocks independently held at Europe’s Amsterdam-Rotterdam-Antwerp hub hit their lowest level so far this year at 638,000 tonnes on Thursday, according to data from Patrick Kulsen, oil analyst at PJK International in the Netherlands.

Gasoline exports to the United States and Latin America were the main drivers for the draw in stocks, according to Kulsen.

Gasoil stocks fell to 2.602 million tonnes from 2.781 million tonnes last week.
“Gasoil distribution in Northwest Europe and along the Rhine was good, and we see big demand there,” he said.

11/9/2014 4/9/2014 12/9/2013
GASOLINE 638 713 718
NAPHTHA 243 181 104
GAS OIL 2,602
2,781 2,148
FUEL OIL 561 781
JET FUEL 429 368
All figures in thousands of tonnes
Incoming cargoes Outgoing cargoes
GASOLINE Norway, Poland, Spain, Britain Latin America, USA
NAPHTHA Spain, Russia, Britain Sweden
GAS OIL Russia, USA France, Germany, Britain
FUEL OIL Brazil, Denmark, Russia, Germany, Britain VLCC to Singapore, expected departure Sept 11
JET FUEL South Korea, Saudi Arabia None

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