ARA gasoil stocks up 9.5%

LONDON, May 21 (Reuters) – Gasoil stocks held in independent storage at Europe’s Amsterdam-Rotterdam-Antwerp hub rose by 9.5 percent in the week to Thursday, data from Dutch oil consultant PJK International showed.

Gasoil stocks rose to 2.981 million tonnes, boosted by imports from the Middle East, the United States and the Baltics, said PJK.

Meanwhile, gasoline stocks in the region fell 10.5 percent to 681,000 tonnes due to exports to West Africa, Latin America and North America.

Weekly ARA stocks (in ‘000 tonnes)

22/05/2015 15/05/2015 22/05/2014
Gasoline 681 761 1,038
Naphtha 215 224 140
Gasoil 2,981 2,722 1,734
Fuel oil 853 849 758
Jet fuel 720 732 355

 

Incoming cargoes Outgoing cargoes
Gasoline Latvia, Russsia, Sweden, UK Canada, Latin America, UK, USA, West Africa
Naphtha Germany, Lithuania, Russia, UK None
Gasoil Denmark, Latvia, Russia, Saudi Arabia, Sweden, UK, USA UK
Fuel oil Brazil, France, Germany, Russia, UK One VLCC departed May 17 bound for Singapore
Jet fuel Kuwait None

 

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