ARA gasoline stocks jump more than 15%

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)

28/05/2015 21/05/2015 30/05/2014
Gasoline 788 681 969
Naphtha 202 215 131
Gasoil 2,876 2,981 1,841
Fuel oil 960 853 594
Jet fuel 716 720 352

 

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
Jet fuel Kuwait None

 

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