ARA fuel stocks fall 6.4%, Insights Global data shows
LONDON, July 4 (Reuters) -Independently held fuel stocks in storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by 6.4% in the week to Thursday, data from Dutch consultancy Insights Global showed.
Stocks stood at 6.2 million metric tons, as inventories of gasoline, naphtha, gasoil and fuel oil slipped while jet fuel rose.
Gasoline fell by over 1% to 1.11 million tons as flows on the transatlantic route rose, said Insight Global's Lars van Wageningen.
Gasoil stocks were marginally lower at 2.18 million tons as imports slowed while rising prices hit buying interest, Wageningen said.
Jet fuel stocks rose 11% to 1.02 million tons with rising imports from India and China
The following table shows volumes in thousands of tons:
04/07/2024 | 27/06/2024 | 06/07/2023 | ||
Gasoline | 1,109 | 1,124 | 1,365 | STK-GL-ARA |
Naphtha | 462 | 473 | 235 | STK-NAF-ARA |
Gasoil | 2,184 | 2,197 | 1,955 | STK-GO-ARA |
Fuel oil | 1,422 | 1,525 | 1,398 | STK-FO-ARA |
Jet fuel | 1,022 | 920 | 750 | STK-JET-ARA |
Product | Incoming cargoes | Outgoing cargoes |
Gasoline | France, Germany, Italy, Spain, Sweden, Turkey, UK | Caribbean, Ireland, UK, US, W. Africa |
Naphtha | Algeria, France, Norway, Spain, Sweden, UK | Sweden, UK |
Gasoil | Oman, Sweden, US, Qatar | France, Germany, Ireland, Italy, UK |
Fuel Oil | France, Germany, Sweden, Poland, UK | Denmark, Finland, France, Sweden, UK |
Jet-kero | China, India, Lithuania | None |
*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 Ahmad Ghaddar; Editing by Anil D'Silva
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