LONDON, Sept 26 (Reuters) – Gasoline stocks held independently at Europe’s Amsterdam-Rotterdam-Antwerp storage hub rose 10 percent week-on-week, data from Dutch oil consultant Pieter Kulsen showed on Thursday.
Gasoline inventories increased to 835,000 tonnes as traders stocked up on winter quality gasoline ahead of the final switchover from summer and intermediate grades at the end of this week, Kulsen said.
At least four cargoes of gasoline departed for the United States, he added, but nothing went to West Africa for a second week.
Gasoil inventories slipped 9.5 percent to 2.116 million tonnes as product moved along the Rhine. “The drop in spot prices encouraged some buying,” Kulsen said. “Importers have replenished their stocks.”
Fuel oil stocks fell to 777,000 tonnes from 958,000 tonnes as one VLCC departed for Singapore. Jet fuel stocks slipped to 367,000 tonnes from 462,000 tonnes as one cargo departed for Denmark.
|Incoming cargoes||Outgoing cargoes|
|GASOLINE||France, Italy, Latvia, Turkey, Britain||Denmark, Mexico, Britain, United States|
|GAS OIL||Latvia, Russia, India, Sweden||France for orders|
|FUEL OIL||Brazil, France, Lithuania, Sweden, Poland||21 VLCC has sailed to Singapore, one arrived Sept. 24, one due on Sept. 28
|JET FUEL||United Arab Emirates||Denmark, pipeline flows|
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