LONDON, May 12 (Reuters) – Gasoline stocks held independently in the Amsterdam-Rotterdam-Antwerp hub fell to their lowest since late January as exports from the region to Canada rose, Dutch consultancy PJK International said on Thursday.
Gasoline inventories fell by around 14 percent since Friday last week to just over one million tonnes.
Exports to Canada primarily, as well as demand from Nigeria and Brazil led to the large drop, PJK’s Jacob van den Berge said.
Gasoil stocks were up slightly on rising exports from India and a low inland demand.
Stocks of jet fuel fell by around 4 percent despite imports into the region as seasonal demand ahead of the summer holiday season picked up, Van den Berge said.
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.
Weekly ARA stocks (in ‘000 tonnes)
|Incoming cargoes||Outgoing cargoes|
|Gasoline||Russia||Brazil, Canada, Nigeria|
|Gasoil||Canada, India, United Kingdom||None|
|Fuel oil||France, Germany, Lithuania, Poland, Russia||One VLCC planned to depart on May 14 with part cargo to Singapore|
|Jetfuel||Canada, Kuwait, United States||None|
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