ARA gasoline stocks down 4.5pct

LONDON, July 6 (Reuters) – Gasoline stocks in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) hub dropped 4.5 percent in the week to Thursday to their lowest level since November 2016, data from Dutch consultancy PJK International showed.

The decline in gasoline stocks to 823,000 tonnes was due to higher exports from the region, particularly to West Africa, PJK’s Jacob van den Berge.

Gasoline stocks were little changed and the market was largely balanced, 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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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
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