ARA gasoline stocks slip 2.8 pct

LONDON, March 2 (Reuters) – Gasoline stocks in independently held storage in the Amsterdam-Rotterdam-Antwerp (ARA) hub fell by 2.84 percent in the week to Thursday, data from Dutch consultancy PJK International showed.

Inventories slipped as exports to the Middle East and the Far East were accompanied by less-common shipments to the United States, PJK’s Patrick Kulsen said.

Gasoil stocks fell by 2.9 percent as improved weather conditions along the Rhine river encouraged transport of barges to Germany, Switzerland and eastern France as well as West Africa, Kulsen said.

Fuel oil stocks fell by 1.7 percent, with imports from Russia not entirely offsetting exports to Singapore.

Learn more on current and future market dynamics that impact the ARA tank storage sector in our revised ARA TT study.
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