Weekly ARA gasoline stocks fall 5%

LONDON, June 4 (Reuters) – ARA gasoline stocks held in independent storage at Europe’s Amsterdam-Rotterdam-Antwerp hub fell 5 percent in the week to Thursday, data from Dutch oil consultant PJK International showed.

Gasoline stocks fell 37,000 tonnes to 751,000 tonnes, largely due to increased exports.

“We saw strong export volumes going to West Africa and Mexico,” said PJK’s Patrick Kulsen.

Naphtha stocks rose 20 percent to 252,000 tonnes due to large imports from Poland and Germany.

Gasoil stocks were little changed at 2.889 million tonnes, a rise of less than one percent.

“There were slightly lower volumes going up the Rhine,” said Kulsen.

 

Weekly ARA stocks (in ‘000 tonnes)

04/06/2015 28/05/2015 05/06/2014
Gasoline 751 788 984
Naphtha 252 202 162
Gasoil 2,889 2,876 2,096
Fuel oil 1,019 960 713
Jet fuel 642 716 389

 

Incoming cargoes Outgoing cargoes
Gasoline Germany, Russia, Spain, UK Denmark, Mexico, UK, WAF
Naphtha Germany, Poland None
Gasoil Latvia, Sweden, Russia Argentina
Fuel oil Brazil, France, Lithuania, Poland, Russia One VLCC arrived May 30, estimated to depart June 5 for Singapore
Jet fuel Kuwait None

 

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