LONDON, Nov 20 (Reuters) – Gasoil stocks at Europe’s Amsterdam-Rotterdam-Antwerp hub fell 6.9 percent to 2.472 million tonnes in the week to Thursday, according to Dutch oil analyst PJK International.
The stocks, which fell from 2.655 million tonnes last week, are at the lowest since June, but remain well above the same time in 2013.
Diesel and gasoil supplies have come under pressure in recent weeks due to a sharp fall in imports from U.S. Gulf Coast refineries, lower production in Europe and increased demand from Latin America.
Demand for diesel and heating oil along the Rhine was limited over the past week, PJK’s Pieter Kulsen said.
Gasoline stocks slipped more than 4 percent to 481,000 tonnes, down from 502,000 tonnes last week.
Fuel oil stocks also fell, while naphtha and jet fuel rose..
|Incoming cargoes||Outgoing cargoes|
|GASOLINE||Germany, Lativa, UK, Turkey||Brazil, Denmark, Latin America, Sweden, USA|
|NAPHTHA||France, Latin America||France, Finland, Norway|
|GAS OIL||France, Poland, Russia, Spain, UK||Lithuania, Med for orders, UK|
|FUEL OIL||Germany, Estonia, Finland, Poland, Russia||ETA Nov. 28 VLCC for loading to Singapore|
|JET FUEL||India, Kuwait||—|
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