LONDON, May 28 (Reuters) – ARA gasoline stocks held in independent storage at Europe’s Amsterdam-Rotterdam-Antwerp hub jumped more than 15 percent in the week to Thursday, data from Dutch oil consultant PJK International showed.
Gasoline stocks rose to 788,000 tonnes, largely because of a slowdown in exports, said PJK’s Patrick Kulsen.
Gasoil stocks fell by 105,000 tonnes to 2.876 million tonnes due to increased exports to the Mediterranean and good demand in Europe.
“Demand up the Rhine is healthy,” said Kulsen.
Weekly ARA stocks (in ‘000 tonnes)
|Incoming cargoes||Outgoing cargoes|
|Gasoline||Denmark, Latvia, Nigeria, UK||Brazil, Canada, Mexico, Saudia Arabia, USA, UK|
|Naphtha||France, Germany, Lithuania, Norway, Russia, Sweden||None|
|Gasoil||Russia, Saudi Arabia, USA||Algeria, Latin America|
|Fuel oil||Brazil, France, Lithuania, Poland, Russia, UK||None|
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