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.
|Incoming cargoes||Outgoing cargoes|
|GASOLINE||Belgium, Denmark, Finland, France, Latvia, Sweden, UK||China, Singapore, UK, USA|
|GAS OIL||France, Russia, USA||Italy|
|FUEL OIL||Belgium, Spain, Russia, U.S.||—
|JET FUEL||India, UAE||—|
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