LONDON, Feb 16 (Reuters) – Gasoline stocks in independently held storage in the Amsterdam-Rotterdam-Antwerp (ARA) hub rose by 22.9 percent to their highest since late January in the week to Thursday, data from Dutch consultancy PJK International showed.
Stocks rose on a slowdown in exports, particularly to the United States, where stocks last week hit a record high, PJK’s Patrick Kulsen said. EIA/S
But cargoes still found outlets in Asia Pacific, Latin America and West Africa.
Gasoil inventories fell by 2.8 percent because of inland demand and exports from the hub to other northwest European locations and the Mediterranean region, Kulsen said.
Fuel oil stocks rose by 8.7 percent on rising imports from Russia.
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