* Gasoil and diesel stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage area rose by 5% to a two-year high in the week to Thursday, data from Dutch consultancy Insights Global showed. Stocks stood at 2.36 million tonnes and were at their highest since April 2021.
* Demand up the Rhine river was weaker on the week, while imports into the region rose and were expected to remain strong next week, Insights Global's Lars van Wageningen said.
* U.S. distillate stockpiles , which include diesel and heating oil, fell by 1.2 million barrels to 110.3 million barrels, the Energy Information Administration said on Wednesday.
* Diesel imports into Europe from Asia and the Middle East are already set to reach 2.47 million tonnes so far in May, after reaching 4.27 million tonnes in April, according to Refinitiv analyst Raj Rajendran.
* Russian exports of ultra low-sulphur diesel (ULSD) from the Baltic Sea
port of
Primorsk are set to fall by 29.5% month on month on a daily basis in May to 1.18
million tonnes, from 1.62 million tonnes scheduled for April, two traders said
on Tuesday.
* However, Russian oil product exports from the Black Sea port of Tuapse in
May
are set to rise by 5.1% month on month on a daily basis to 1.446 million tonnes,
versus 1.331 million tonnes scheduled for April, two traders said on Tuesday.
Trades Bids Offers Previous Seller Buyer
Session
0.1 GO Barge
diffs fob ARA
per tonne 0.1 GO Cargo
diffs cif NWE
per tonne 0.1 GO Cargo May
diffs cif Med -$16
per tonne 50ppm barge May
diffs fob ARA +$2.50
per tonne
<GO50PPM-ED-A
RA>
Diesel Trades Bids Offers Previous Seller Buyer
Session
Diesel barge May May
diffs fob ARA -$0.25- +$0.25-M
Per tonne $0.25 ay
<ULSD10-BD-AR +$0.75
A> (21.75KT
)
Diesel cargo May
diffs cif NWE +$11.50
Per tonne (Brest)
<ULSD10-ANYD-
NWE>
Diesel cargo June
diffs cif Med +$11
per tonne Jet fuel Trades Bids Offers Previous Seller Buyer
Session
Jet fuel
barge
diffs fob
FARAG
per tonne Jet fuel June
cargo +$55
cif NEW per (Rotter
tonne dam) Fuel Oil Trades Bids Offers Previous Sell Buy
Session
0.5% barge $486-$488 $468-$46 Trafig BP
fob ARA per 9 ura
tonne
3.5% barge $394 $376-$37 Shell, Vitol
fob ARA per 8 Gunvor
tonne ICE Low Sulphur Gasoil Previous
Diesel ARA Barge $14.19 $13.20
Crack(per barrel)
Diesel spread (Reporting by Ron Bousso; Editing by Kirsten Donovan)
