LONDON, Oct 24 (Reuters) – Gasoline stocks independently held at Europe’s Amsterdam-Rotterdam-Antwerp hub fell 13.4 percent week-on-week to 599,000 tonnes on Thursday, the lowest level since December 2012, data from Dutch oil consultant Pieter Kulsen showed.
Gasoil stocks dropped 2.3 percent to 2.079 million tonnes, while jet fuel stocks fell 24.8 percent to 291,000 tonnes, the data showed.
Demand for seaborne cargoes as well as along the Rhine led to the drop in gasoline and gasoil stocks, he said.
“There has been lots of cargo demand. We recently had tenders in South Africa and Algeria, so obviously that is the reason why,” he said.
|Incoming cargoes||Outgoing cargoes|
|GASOLINE||France, Russia, Britain||Mexico, USA, Britain, Puerto Rico|
|GAS OIL||India, Russia, Sweden, South Korea, Qatar||Algeria, France, Gibraltar, for orders, North Sea for orders, Britain|
|FUEL OIL||France, Russia, Britain||—
|JET FUEL||Saudi Arabia||Four orders cif NWE|
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