Gasoline stocks in ARA hub lifted by imports

LONDON, April 20 (Reuters) – Gasoline stocks at independently held storage in the Amsterdam-Rotterdam-Antwerp (ARA) hub rose by 5.77 percent in the past week on increased imports, data from Dutch consultancy PJK International showed on Thursday.

Gasoline inventories in the refining and storage hub stood at 1.17 million tonnes, rising after a large vessel previously used for floating storage discharged its cargo into onshore tanks, PJK’s Patrick Kulsen said.

Gasoil stocks rose by 1.86 percent after sharp falls the previous week. A slowdown in inland demand and restrictions on barge loadings because of low water levels on the Rhine river contributed to the rise.

Fuel oil was the only petroleum product to show a fall in stock levels, with a 2.25 percent decline driven by a rise in exports to Singapore.

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