25-10-2013: ARA gasoline stocks fall to lowest lev

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.

24/10/13 17/10/13 25/10/12
GASOLINE 599 692 514
NAPHTHA 142 107 71
GAS OIL 2,079 2,128 1,879
FUEL OIL 545 634
JET FUEL 291 387
All figures in thousands of tonnes
Incoming cargoes Outgoing cargoes
GASOLINE France, Russia, Britain Mexico, USA, Britain, Puerto Rico
NAPHTHA Norway, Britain
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

*COPYRIGHT NOTICE* – any unauthorised use, duplication or disclosure of ARA stocks data is prohibited without prior approval of PJK International B.V.