ARA gasoline stocks fall 8.5% - Insights Global
LONDON, Nov 28 (Reuters) -Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by 8.5% in the week to Thursday, data from Dutch consultancy Insights Global showed.
Gasoline stocks dropped to 1.14 million tons because of higher exports to Africa, Insight Global's Lars van Wageningen said.
Fuel oil stocks fell by 2% on the week to 1.19 million tons, marking the lowest in more than a year.
Overall refined product inventories fell by more than 4% to 6.08 million tons.
Gasoil stocks dipped by 5% on the week to 2.26 million tons, as demand up the Rhine remained firm on the back of high water levels, Wageningen said.
The following table shows volumes in thousands of tons:
28/11/2024 | 21/11/2024 | 30/11/2023 | ||
Gasoline | 1,142 | 1,250 | 1,305 | STK-GL-ARA |
Naphtha | 517 | 548 | 221 | STK-NAF-ARA |
Gasoil | 2,256 | 2,373 | 1,743 | STK-GO-ARA |
Fuel oil | 1,188 | 1,215 | 1,266 | STK-FO-ARA |
Jet fuel | 975 | 970 | 740 | STK-JET-ARA |
Product | Incoming cargoes | Outgoing cargoes |
Gasoline | Finland, Norway, Portugal, Spain, Sweden, Trinidad and Tobago, U.K. | France, Mozambique, Saudi Arabia, Spain, U.K., West Africa |
Naphtha | Italy, Norway, Spain, U.K., U.S. | Ireland, Sweden, U.K. |
Gasoil | South Korea | France, Ireland, Norway, Poland, Sweden, U.K., U.S. |
Fuel Oil | Caribbean, France, Iraq, Kuwait, Poland, Sweden, U.S. | Denmark, France, U.K. |
Jet-kero | India, Kuwait, Qatar | Sweden, U.K. |
*COPYRIGHT NOTICE* - Any unauthorised use, duplication or disclosure of ARA stocks data is prohibited without the prior approval of PJK International B.V.
Reporting by Enes Tunagur; editing by David Evans
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