logo

ARA gasoil stocks drop to one-year low – Insights Global

PUBLISHED: Thu, 15 Apr 2021 14:28:53 GMT

Share

LONDON, April 15 (Reuters) – Gasoil stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by 2.5% in the week to Thursday to their lowest in a year, data from Dutch consultancy Insights Global showed. * The decline in gasoil stocks was due to stronger demand in inland markets along the Rhine river and higher diesel exports from the region, said Insights Global’s Lars van Wageningen. * Gasoline stocks rose 1% due to stronger imports even as exports to the U.S. East Coast remained strong. 15/04/2021 08/04/2021 16/04/2020 Gasoline 1,259 1,247 1,161 <STK-GL-ARA> Naphtha 308 223 435 <STK-NAF-ARA> Gasoil 2,269 2,329 1,956 <STK-GO-ARA> Fuel oil 1,743 1,517 1,540 <STK-FO-ARA> Jet fuel 862 904 688 <STK-JET-ARA> Incoming cargoes Outgoing cargoes Gasoline Denmark, Ireland, Argentina, Canada, Norway, Sweden, UK Carribean, USA Naphtha France, Poland, None Portugal, Russia Gasoil Russia France, Med, UK Fuel oil Carribean, Estonia, South Africa Poland, UK Jet fuel None UK *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 Ron Bousso; Editing by Jan Harvey)

(c) Copyright Thomson Reuters 2021. Click For Restrictions – https://agency.reuters.com/en/copyright.html


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.

RELATED