ARA oil product stocks stable, Insights Global data shows

Reuters
03 Oct 2024

LONDON, Oct 3 (Reuters) - Independently held refined oil products stocks in storage in the Amsterdam-Rotterdam-Antwerp $(ARA)$ refining and storage hub were stable in the week to Thursday, data from Dutch consultancy Insights Global showed.

* Total inventories reached 6.29 million metric tons by Thursday, the data showed, unchanged from the previous week.

* Gasoline stocks increased by nearly 4% to 970,000 tons as demand softened and exports slowed, Insights Global's Rick Veringmeier told Reuters.

* Gasoil and diesel stocks fell marginally to 2.43 million tons as regional refinery maintenance pushed demand higher, Veringmeier added.

The following table shows volumes in thousands of tons:

10/03/2024 03/10/2024 05/10/2023

Gasoline 970 934 1,344

Naphtha 554 559 220

Gasoil 2,428 2,447 1,915

Fuel oil 1,372 1,374 1,035

Jet fuel 965 971 782

Product Incoming cargoes Outgoing cargoes

Gasoline France, Portugal, UK Canada, Caribbean, UK, US,

W. Africa

Naphtha Norway, Spain, US Sweden

Gasoil Oman, Qatar, UAE, Germany, Ireland, Poland,

UK, US UK

Fuel Oil Denmark, France, Denmark, France, Spain, UK

Germany, Poland, UK

Jet-kero India UK

*COPYRIGHT NOTICE* - Any unauthorised use, duplication or disclosure of ARA stocks data is prohibited without the prior approval of PJK International B.V.

(Reporting by Ahmad Ghaddar; editing by David Evans)

((Ahmad.Ghaddar@thomsonreuters.com; +442075424435; Reuters Messaging: ahmad.ghaddar.thomsonreuters.com@reuters.net))

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