ARA oil product stocks up 3 pct -PJK – Reuters News

LONDON, March 22 (Reuters) –

Total oil product stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp refining and storage hub rose by nearly 3 percent to 6.06 million tonnes in the week to Thursday, according to data from Dutch consultancy PJK International.

The rise was largely driven by fuel oil stocks which increased by 29.5 percent on a lack of exports to Asia Pacific, PJK’s Jacob van den Berge said.

Gasoline stocks fell slightly as exports from the region, particularly to West Africa and Asia, picked up, he added.