ARA gasoil stocks fall for fifth straight week -Insights Global

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, March 30 (Reuters) - Gasoil stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage area fell for a fifth week in a row, data from Dutch consultancy Insights Global showed on Thursday.
* Gasoil stocks stood at 2.35 million tonnes, falling 3.4% to their lowest since early February, with higher demand up the Rhine river, said Insights Global's Lars van Wageningen.
* Demand was spurred by high water levels on the river and lower freight rates. Demand was particularly strong in Switzerland, which relies on French supplies that are currently curtailed by strike action, Wageningen said.


* Jet fuel stocks jumped 17% to 815,000 tonnes, lifted by higher imports and cargoes that were unable to discharge in strike-hit France and were diverted to ARA, Wageningen said.


* Gasoline stocks rose 1.6% to 1.47 million tonnes on slower exports to the United States. The following table shows volumes in thousands of tonnes: 30/03/2023 23/03/2023 31/03/2022
Gasoline 1,465 1,442 1,381 Naphtha 218 253 278 Gasoil 2,354 2,438 1'577 Fuel oil 1,232 1,244 873 Jet fuel 815 696 958 Incoming cargoes Outgoing cargoes Gasoline Finland, France, Italy, Canada, Colombia, Lithuania, Saudi France, Libya, Spain, Arabia, Spain, Sweden, W. Africa, Brazil


UK
Naphtha Algeria, Nigeria, None Norway, UK, US
Gasoil Finland, Oman, Qatar, Denmark, France, Saudi Arabia, Spain, UK Germany, Morocco, Portugal, Spain, Sweden, UK, W. Africa Fuel oil Denmark, Estonia, Denmark, France, Germany, Poland, Saudi Italy, U.S., W. Arabia, UK Africa Jet fuel Kuwait, Saudi Arabia, Cape Verde, France UAE




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disclosure of ARA stocks data is prohibited without the prior approval of PJK International B.V. (Reporting by Ahmad Ghaddar Editing by David Goodman )

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