25-9-2014: ARA gasoline stocks rise, gasoil steady

LONDON, Sept 25 (Reuters) – Gasoline stocks at Europe’s Amsterdam-Rotterdam-Antwerp hub rose 7.9 percent in the week to Thursday to 644,000 tonnes, according to data from Dutch-based oil consultancy PJK International.

Gasoil stocks were little changed, declining 1.9 percent to 2.736 million tonnes. Naphtha, fuel oil and jet fuel stocks also declined, according to the data.

Gasoil demand along the Rhine river rose over the past week as end users started stocking on winter-grade diesel and heating oil, PJK’s Pieter Kulsen said.

Low outright gasoil prices further boosted demand, though a weak euro-dollar exchange rate limited the buying, Kulsen said.

25/9/2014 18/9/2014 26/9/2013
GASOLINE 644 597 835
NAPHTHA 149 199 60
GAS OIL 2,736
2,790 2,116
FUEL OIL 641 631
777
JET FUEL 422 436
367
All figures in thousands of tonnes
Incoming cargoes Outgoing cargoes
GASOLINE Denmark, Russia,Britain, UAE Greece, Latvia, WAF for orders, USA
NAPHTHA Algeria, Gibraltar Med for orders
GAS OIL Russia, USA, Venezuela Germany, France, WAF for
FUEL OIL Brazil, Poland, Russia, Britain
JET FUEL Qatar

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