ARA gasoline stocks surge by 20 pct

LONDON, June 30 (Reuters) – Gasoline stocks held independently in the Amsterdam-Rotterdam-Antwerp hub surged by over 20 percent in the week to Thursday as exports from the region slowed, according to Dutch consultancy PJK International.

“The big build in gasoline is mainly due to less exports, and U.S. stocks are up,” PJK’s Patrick Kulsen said.

Gasoil stocks rose marginally by 1.3 percent largely due to high water levels on the River Rhine which hindered barge activity into inland destinations, Kulsen said.

Fuel oil stocks were also slightly up ahead of the arrival of a very large crude carrier (VLCC) on June 29 which is expected to depart with a part cargo to Singapore on July 4.

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 Arabian Gulf, Russia, UK China, Guinea, Mexico, U.S.
Naphtha Angola, Italy, UK None
Gasoil None None
Fuel oil France, Poland, Russia, United Kingdom One VLCC arrived on June 29, expected to depart with part cargo to Singapore on July 4
Jetfuel India, UAE None

*COPYRIGHT NOTICE* – any unauthorised use, duplication or disclosure of ARA stocks data is prohibited without prior approval of PJK International B.V.