ARA gasoline stocks drop 5 percent

LONDON, Aug 11 (Reuters) – Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp hub fell for a third straight week, dropping more than 5 percent in the week to Thursday as overseas demand for the motor fuel grew, Dutch consultancy PJK International said.

Several gasoline tankers left the region in recent days for the United States, Mexico, Brazil, and to West and North Africa, PJK’s Patrick Kulsen said.

Gasoil stocks fell by 1.49 percent as imports into the region slowed, Kulsen said.

Naphtha stocks were also down on higher demand from petrochemical plants and gasoline blenders.

Only fuel oil stocks gained, rising by 9 percent, but inventories are likely to fall after a VLCC loads a cargo on Aug. 12 to go to Singapore.

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

 

Incoming cargoes Outgoing cargoes
Gasoline Canada, Russia, UK Algeria, Brazil, Cameroon, Ghana, Mexico, Nigeria, U.S. and W. Africa
Naphtha France, Russia None
Gasoil Latvia, Russia, U.S None
Fuel oil France, Russia, UK A VLCC is expected to depart to Singapore with a full cargo on Aug. 12
Jetfuel India, UAE None

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