ARA gasoline stocks rise 6 percent

Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp oil hub rose by over 6 percent in the week to Thursday, Dutch consultancy PJK International said.

This was the first rise in inventories after four consecutive weeks of draws as growing imports into the hub outweighed demand from overseas, PJK analyst Jacob van den Berge said.

Naphtha stocks declined as product was booked to go to Asia Pacific after a lull in trading along the route.

Gasoil stocks eased marginally as exports continued to the Mediterranean, where an outage at Tupras’ Izmit refinery in Turkey has increased demand.

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 France, Latvia, Russia, U.K., Sweden Brazil, Guinea, Mexico, U.S., W. Africa
Naphtha Russia, Spain, Sweden Asia Pacific
Gasoil Russia, Saudi Arabia, U.S. Mediterranean, N. Africa
Fuel oil Canada, France, Russia Two VLCCs expected to depart to Singapore: one on Aug. 25 and another on Aug. 31
Jetfuel None None


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