ARA gasoline stocks rise to one-year high

LONDON, April 2 (Reuters) – ARA Gasoline stocks held in independent storage at Europe’s Antwerp-Rotterdam-Amsterdam hub rose to a one-year high of 1.083 million tonnes in the week to Thursday, data from Dutch-based PJK International showed.

“This week, we didn’t see any (gasoline) exports to West Africa and also not much going to the U.S. That was probably the reason for the build,” said PJK’s Patrick Kulsen.

Gasoil stocks were little changed, declining slightly to 2.816 million tonnes from 2.92 million tonnes a week earlier, the data showed.

02/04/2015 26/03/2015 03/04/2014
Gasoline 1,083 1,009 1,103
Naphtha 253 284 157
Gasoil 2,816 2,922 1,632
Fuel oil 819 934 593
Jet fuel 584 489 396

 

Incoming cargoes           Outgoing cargoes
Gasoline Germany, Poland, Russia, Sweden, UK Gibraltar, Singapore, UK, US
Naphtha Lithuania, Russia, None
Gasoil India, Latvia, Qatar, Russia, Sweden, US Algeria, Suez for orders
Fuel oil Brazil, France, Finland, Germany, Lithuania, Russia, UK 2 VLCCs  being loaded for export to Singapore, expected to depart April 1 and April 2
Jet fuel UAE None