Gasoil stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by over 4% on the week to their lowest since mid-December, data from Dutch consultancy Insights Global showed.
Gasoil stocks, which include diesel, fell to 2.17 million tons, as inland demand increased amid lower imports, Insights Global’s Lars van Wageningen said.
Gasoline stocks fell by over 5% to 1.4 million tons, as refinery outages in Germany boosted demand, van Wageningen added.
Naphtha stocks declined by 15% on the week to 369,000 tons, owing to higher inland petrochemicals demand.
Fuel oil stocks were over 6% lower at 1.13 million tons.
Source: Reuters