ARA gasoline stocks dip on strong exports

LONDON, Nov 30 (Reuters) – Gasoline stocks held in the Amsterdam-Rotterdam-Antwerp storage and refining hub fell by over 4.4 percent in the week to Thursday, data from Dutch consultancy PJK International showed.

The decline in gasoline stocks was due to higher exports from the region to the Far East and the Middle East, PJK analyst Lars van Wageningen said.

Gasoil stocks, which include diesel and heating oil, rose slightly due to lower demand in inland markets in Germany and Switzerland.

“There is less diesel going up the Rhine compared to previous week. It looks like they have built stocks,” van Wageningen said.