Total fuel and crude stocks held by European refiners stood at 1.02 billion barrels in October, unchanged from levels in September but up more than 3% from a year earlier, Euroilstock data showed on Thursday.

Middle distillate stocks stood at 393 million barrels, marginally above September levels, but more than 9% higher than last October, the data showed.

Fuel oil stocks, at 56 million barrels, were down 1.8% from the previous month and down more than 8% from a year earlier.
European refiners’ crude intake at 8.97 million barrels per day (bpd) was 4.4% lower than September levels amid plant maintenance but up 0.8% versus last October.

The following Euroilstock data covers 14 European Union members, Norway and the United Kingdom (in millions of barrels):

Change from Change in pct
Oct-23 Sep-23 Sep-23 Oct-22 Sep-23 Oct-22
TOTAL 1,020 1,020 0.00 32.00 0.0 3.2
CRUDE 435.00 435.00 0.00 1.00 0.0 0.2
GASOLINE 108.00 108.00 0.00 3.00 0.0 2.9
MIDDLE DISTILLATES 393.00 392.00 1.00 33.00 0.3 9.2
FUEL OIL 56.00 57.00 -1.00 -5.00 -1.8 -8.2
NAPHTHA 28.00 28.00 0.00 0.00 0.0 0.0
CRUDE INTAKE (in ‘000 bpd) 8,974 9,388 -414 69 -4.4 0.8
Source: Reuters (Reporting by Ahmad Ghaddar)