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ARA oil product stocks fall nearly 4%, Insights Global data shows

Oil product stocks held independently in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell nearly 3.9% last week, data from Dutch consultancy Insights Global showed on Thursday.

Gasoline stocks stood at 1.16 million metric tons, or 1.5% lower, the data showed, on increased blending activity, with more exports expected next week, Insights Global’s Lars van Wageningen said

Naphtha stocks, which stood at record levels last week, saw an 18% dip down to 547,000 tons.

Gasoil stocks, which includes diesel, inched down to 2.16 million tons.

Fuel oil stocks were down 5% to their lowest since July.
Source: Reuters



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