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ARA gasoline stocks fall 5.3%, Insights Global data shows

Friday, 19 July 2024 | 20:00

Independently held gasoline stocks in storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by 5.3% in the week to Thursday, data from Dutch consultancy Insights Global showed.

• Gasoline stocks stood at about 1 million metric tons, falling on higher exports to the United States and stronger demand in the ARA region and inland locations, Insight Global’s Lars van Wageningen said.
• Gasoil inventories stood at 2.08 million tons, falling 3.5% on the previous week, despite weak demand inland, as imports slowed.
• Jet fuel stocks fell nearly 4% to 979,000 tons on high summer demand and slowing imports.
Source: Reuters (Reporting by Ahmad Ghaddar; Editing by Kirsten Donovan)

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