ARA gasoil stocks fall for fourth consecutive week - Insights Global

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, March 23 (Reuters) - Gasoil stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage area fell for the fourth week in a row, data from Dutch consultancy Insights Global showed on Thursday.
* Gasoil stockpiles fell on healthy demand, said Insights Global's Lars van Wageningen.
* But stocks remained close to a two-year high.
* European diesel markets are flashing warnings of tightening supply following strike action in France, part of a nationwide movement against planned pension system changes.


* Gasoline stocks rose by 6% as exports to the U.S. were lower and there were high flows of naphtha into the gasoline blending pool, van Wageningen said.
* But a drop in U.S. gasoline stocks this week means a surge of product is expected to move across the Atlantic, according to van Wageningen. The following table shows volumes in '000/T: 23/03/2023 16/03/2023 24/03/2022
Gasoline 1,442 1,361 1,378 Naphtha 253 244 318 Gasoil 2,438 2,484 1,640 Fuel oil 1,244 1,191 979 Jet fuel 696 683 905 Incoming cargoes Outgoing cargoes Gasoline The Baltics, France, Brazil, France, Georgia, Germany, Germany, Mexico, Ireland, Portgual, Spain, UK, U.S., WAF Saudi Arabia, UK
Naphtha Algeria, Libya,


Trinidad and Tobago,


UK, U.S.
Gasoil India, Saudi Arabia, Argentina, France, Singapore, UK Germany, Ireland, Norway, Spain, Sweden, UK Fuel oil Finland, France, Canada, UK, Norway Germany, Greece, Italy,


Mexico, Poland, Sweden,


Turkey, UK
Jet fuel France, India Ireland, 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 Shadia Nasralla;Editing by Elaine Hardcastle)

Reuters Messaging: shadia.nasralla.reuters.com@reuters.net))
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