7-11-2013: ARA gasoline stocks rise 8.1 pct on wee

LONDON, Nov 7 (Reuters) – Gasoline stocks independently held at Europe’s Amsterdam-Rotterdam-Antwerp hub rose by 8.1 percent to 638,000 tonnes in the last week, data from Dutch oil consultant Patrick Kulsen showed on Thursday.

“The market is well balanced,” Kulsen said.

“Gasoline stocks rose as imports from the Baltics and Northwest Europe were higher than normal. Fuel oil built on the back of fewer exports, with no VLCCs leaving for Asia.”
“Barge traffic carrying oil products along the Rhine River to France, Germany and Switzerland was not especially busy.”, Kulsen said.

Gasoil stocks remained stable, slipping 0.8 percent to 1.976 million tonnes from the week before, the data showed.
Naphtha stocks rose 5 percent to 148,000 tonnes, jet fuel stocks fell 1.8 percent to 378,000 tonnes and fuel oil stocks rose 24.8 percent to 739,000 tonnes.

07/11/13 31/10/13 08/11/12
GASOLINE 638 590 606
NAPHTHA 148 141 115
GAS OIL 1,976 1,992 1,948
FUEL OIL 739 592
984
JET FUEL 378 385
261
All figures in thousands of tonnes
Incoming cargoes Outgoing cargoes
GASOLINE Belgium, Denmark, Finland, France, Latvia, Sweden, UK China, Singapore, UK, USA
NAPHTHA Russia, U.S.
GAS OIL France, Russia, USA Italy
FUEL OIL Belgium, Spain, Russia, U.S.
JET FUEL India, UAE

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