ARA gasoline stocks rise 9 pct

LONDON, May 26 (Reuters) – Gasoline stocks held independently in the Amsterdam-Rotterdam-Antwerp hub rose 9 percent in the week to Thursday, according to Dutch consultancy PJK International.

High imports from Russia, a contango at the front of the curve and higher margins prompting higher refinery runs helped to push up stockpiles, PJK’s Patrick Kulsen said.

Gasoil stocks also rose, with Kulsen pointing to imports from the Middle East and Asia.

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, UK Latin America, U.S., Canada, West Africa, UK
Naphtha Russia, UK None
Gasoil Canada, Russia, Saudi Arabia, U.S. Gibraltar for orders, France
Fuel oil Canada, Germany, Lithuania, Poland, Russia, U.S., Sweden VLCC departed May 25. VLCC expected to arrive on May 27
Jetfuel Kuwait, Saudi Arabia, Malaysia None

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