Independently held refined oil products stocks in storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage were broadly steady in the week to Thursday, data from Dutch consultancy Insights Global showed.
- Total inventories reached 6.23 million metric tons by Thursday, the data showed, from 6.22 million tons the previous week.
- Gasoil stocks fell by around 5% to 2.2 million tons, the data showed, as heating oil demand from inland locations strengthened, Lars van Wageningen of Insights Global said.
- Gasoline inventories meanwhile fell by about 4% to around 1.05 million tons on higher inland demand, Wageningen said.
Source: Reuters (Reporting by Ahmad Ghaddar;Editing by Elaine Hardcastle)