* Gasoil stocks held in independent storage in the
Amsterdam-Rotterdam-Antwerp
(ARA) refining and storage area hit a new two-year high in the week to Thursday,
data from Dutch consultancy Insights Global showed.
* Gasoil stocks, which include diesel and heating oil, are at their highest
since
March 2021 on the back of ample imports, including from East Asia and India,
said Insights Global's Lars van Wageningen.
* Diesel supplies and imports into Europe remained high even after the EU
ban on
Russian fuel imports took effect.
* About 5.5 million tonnes of diesel is already scheduled to arrive into Europe this month, compared with 7.73 million tonnes in January, Refinitiv analysis shows.
* The February imports are still 12% higher than a year earlier, according
to
Refinitiv.
* Russian diesel exports took a massive hit in the week to Feb. 12, tumbling
to
about 550,000 tonnes compared with the 1.23 million tonnes that loaded in the
week to Feb. 5, Refinitiv data shows.
* Shell's 400,000 barrel per day Pernis refinery in Rotterdam will undergo
major
maintenance from the start of March through to the end of May, the company said
on Tuesday.
Trades Bids Offers Previous Seller Buyer
Session
0.1 GO April
Barge -$19
diffs fob
ARA per
tonne 0.1 GO
Cargo
diffs cif
NWE per
tonne
<GO-CND-NWE
>
0.1 GO Mar
Cargo +$1
diffs cif (Alge
Med per ciras
tonne )
<GO-CND-MED
>
50ppm barge March
diffs fob -$4.5
ARA per 0
tonne
<GO50PPM-ED
-ARA>
Diesel Trades Bids Offers Previous Seller Buyer
Session
Diesel Mar Mar Mar March Total Mabana
barge -$3.50 -$6.5 -$3 -$3-$4.5 ft
diffs fob 0 0
ARA
Per tonne
<ULSD10-BD-
ARA>
Diesel Mar March
cargo +$6-$ +$19(L
diffs cif 7 e
NEW (Tham Havre)
Per tonne es)
<ULSD10-ANY
D-NWE>
Diesel March
cargo flat(
diffs cif Barce
Med lona)
per tonne
<DL-CIFD-ME
D>
Jet fuel Trades Bids Offers Previous Seller Buyer
Session
Jet fuel March Mar +$60
barge +$62.5
diffs fob 0
FARAG
per tonne
<JET-BD-ARA
>
Jet fuel March
cargo +$54(L
cif NEW per e
tonne Havre)
<JET-CD-NWE
>
Fuel Oil Trades Bids Offers Previous Sell Buy
Session
0.5% barge $549-$55 $549-$55 BP Vitol
fob ARA per 0 0
tonne
3.5% barge $388-$38 $379-$38 Gunvor BP
fob ARA per 9 0
tonne ICE Low Sulphur Gasoil Previous
Diesel ARA Barge $26.8 $27.5
Crack(per barrel)
Diesel spread (Reporting by Ron Bousso
Editing by Mark Potter)
