ARA gasoil stocks fall to lowest since June 2015

LONDON, Oct 27 (Reuters) – Gasoil stocks independently held in the Amsterdam-Rotterdam-Antwerp oil hub fell by 3.4 percent to their lowest since June 2015, Dutch consultancy PJK International said.

Stocks fell as refinery turnarounds in the region curtailed supplies and as cargoes were exported to North Africa, PJK’s Patrick Kulsen said.

Gasoline supplies rose slightly but were around 20 percent lower than their level a year ago.

Water levels along the Rhine river remained low, and barges were not widely available, limiting trading activity in the gasoline market, barge brokers said.

PJK International is also consulted for (medium and long term) supply and demand forecasting, tradeflow forecasting, oil tanker vessel tracking and its view on price trends on NWE oil markets. Read more on PJK Consultancy Services

 

Incoming cargoes Outgoing cargoes
Gasoline Russia, UK Brazil, Canada, China, Ghana, Mexico, Togo
Naphtha France, Germany, Russia None
Gasoil India, Latvia North Africa, UK
Fuel oil France, UK, Russia No VLCCs planned
Jetfuel South Korea, UAE None


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