14-02-2014: ARA gasoline stocks fall by 7 pct

Gasoil inventories were down 3.9 percent to 1.965 million tonnes. Naphtha and jet fuel stocks also declined while fuel oil rose, the data showed.

The barge market in Germany, France and Switzerland continued to see little activity as relatively mild weather and high domestic stock levels reduce demand, Kulsen said.

“End-users have sufficient stocks and are adopting a ‘just-in-time’ delivery system,” he said.
The cargo market accounted for most of the flows in the region, with gasoline and gasoil cargoes heading to Asia, the Middle East, West Africa and Latin America.

(Figures in thousands of tonnes)

13/02/14 06/02/14 14/02/13
GASOLINE 971 1,046 740
NAPHTHA 114 153 113
GAS OIL 1,965 2,045 2,538
FUEL OIL 832 821
JET FUEL 430 441
Incoming cargoes Outgoing cargoes
GASOLINE Denmark, Germany, France, Poland, Britain Latvia, Britain, Mexico, West Africa, for orders
NAPHTHA Russia, Britain None
GAS OIL India, Germany, Russia, US Argentina, Britain and WAF for orders
FUEL OIL Brazil, Estonia, France, Lithuania, Poland, Russia VLCC to Singapore
JET FUEL Kuwait, India France

Kuwait, India France
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