Gasoline stocks held independently in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 7% on the week, data from Dutch consultancy Insights Global showed on Thursday.
- Gasoline stocks rose 7% to 1.29 million metric tons as production increased owing to higher blending activity in the region, said Insight Global’s Lars van Wageningen.
- Gasoil stocks, which include diesel, were down 0.6% at 2.08 million tons on higher inland demand, Wageningen said.
- Jet fuel stocks fell by 12% to 766,000 tons on higher exports.
- Fuel oil stocks fell 5% to 1.15 million tons as exports to the Mediterranean rose, Wageningen said.
Source: Reuters