ARA gasoil stocks rise by 4% – Insights Global

PUBLISHED: Thu, 25 Mar 2021 15:25:50 GMT

LONDON, March 25 (Reuters) – Gasoil stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 4% in the week to Thursday, data from Dutch consultancy Insights Global showed. * Gasoil inventories stood at 2.45 million tonnes due to higher imports from the Middle East and a drop in demand amid new lockdown measures in the region, particularly in Germany, said Insights Global’s Lars van Wageningen. * “There is no expectations for improvement in demand soon,” van Wageningen said. * Gasoline stocks rose by 2.4% to 1.41 million tonnes, helped by rising exports to West Africa. 25/03/2021 18/03/2021 26/03/2020 Gasoline 1,414 1,383 1,143 <STK-GL-ARA> Naphtha 328 301 343 <STK-NAF-ARA> Gasoil 2,450 2,356 1,883 <STK-GO-ARA> Fuel oil 1,716 1,743 1,291 <STK-FO-ARA> Jet fuel 921 986 451 <STK-JET-ARA> Incoming cargoes Outgoing cargoes Gasoline France, Ireland, Canada, Jamaica, Med, Portugal, Sweden, UK USA, WAF Naphtha Norway, Russia, UK None Gasoil Russia, Saudia Arabia, Ireland, Med, UK, WAF Sweden, USA Fuel oil Denmark, France, Saudi Arabia, WAF Latvia, Russia, Sweden, 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 Elaine Hardcastle)

Sign Up for Our Newsletter Daily Update

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.

(c) Copyright Thomson Reuters 2021. Click For Restrictions –