ARA gasoline inventories rise by 7 pct in week

LONDON, June 1 (Reuters) – Gasoline inventories in independently held storage in Europe’s Amsterdam-Rotterdam-Antwerp (ARA) hub rose by more than 7 percent in the week to Thursday, data from Dutch consultancy PJK International showed.

Overall refined product stockpiles declined by 4.3 percent to 5.566 million tonnes, led by fuel oil, according to the data.

Gasoil inventories slightly declined. Barge traffic along Rhine was average, hit by some loading restrictions due to lower water levels, PJK’s Patrick Kulsen said.

Learn more on current and future market dynamics that impact the ARA tank storage sector in our revised ARA TT study.
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