LONDON, April 30 (Reuters) – ARA gasoline stocks held in independent storage at Europe’s Antwerp-Rotterdam-Amsterdam hub dropped in the week to Thursday to their lowest level since January 15 at 695,000 tonnes, Dutch consultant PJK International said.
Strong demand from West Africa, the Middle East and the U.S. East Coast has supported gasoline refining margins in the region while seasonal refinery maintenance further limited supplies.
Gasoil stocks remained stable, slightly rising to 2.667 million tonnes, significantly higher than a year earlier, according to PJK.
Weekly ARA stocks (in ‘000 tonnes)
|Incoming cargoes||Outgoing cargoes|
|Gasoline||Denmark, Lativa, Russia, UK||Middle East, Mexico, US|
|Naphtha||Denmark, Poland, Portugal, Russia||None|
|Gasoil||Latvia, Russia, USA||Germany|
|Fuel oil||France, Germany, Lithuania, Russia, UK||One VLCC planned to depart for Singapore on May 5 with part cargo|
|Jet fuel||Saudi Arabia, UAE||None|
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