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)
|Incoming cargoes||Outgoing cargoes|
|Gasoline||Germany, Russia, Spain, UK||Denmark, Mexico, UK, WAF|
|Gasoil||Latvia, Sweden, Russia||Argentina|
|Fuel oil||Brazil, France, Lithuania, Poland, Russia||One VLCC arrived May 30, estimated to depart June 5 for Singapore|
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