LONDON, Oct 15 (Reuters) – Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp hub dropped by 11 percent in the week to Thursday to 769,000 tonne, data from Dutch consultancy PJK International showed.
The big draw in gasoline to the lowest level since early June was due to large exports from the region to the North America, Latin America, China and West Africa, PJK analyst Patrick Kulsen said.
Gasoil stocks slightly declined but held near record highs as low water levels along the Rhine river continued to hamper barge traffic along the key artery into inland markets.
“Barges are still going up the Rhine half-empty,” Kulsen said.
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Weekly ARA stocks (in ‘000 tonnes)
|Incoming cargoes||Outgoing cargoes|
|Gasoline||Baltics, Spain, Sweden, UK||Brazil, Canada, China, Mexico, WAF and USA|
|Gasoil||India, UK, USA||None|
|Fuel oil||Estonia, France, Lithuania, Poland, Russia, UK||VLCC, 16 Oct expected departure to Singapore|
|Jet fuel||South Korea, Saudi Arabia||None|
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