Logo

ARA oil product stocks fall to 17-month low, Insights Global data shows

Oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by more than 2% on the week to their lowest since February 2024, data from Dutch consultancy Insights Global showed on Thursday.

  • Total stocks stood at 5.27 million metric tons, their lowest since February 8, 2024, the data showed.
  • Gasoil stocks, which include diesel, declined 0.5% to 1.75 million tons as exports were steady, Insight Global’s Lars van Wageningen said.
  • Jet fuel stocks fell by 7.5% to 745,000 tons on firm demand owing to the travel season, Wageningen said.
  • Fuel oil stocks were 2.5% lower at 998,000 tons on steady exports to the Mediterranean, he added.
  • Gasoline stocks were 1% higher at 1.22 million tons.
    Source: Reuters



Source

Related News

Port Of Los Angeles Posts Solid First Quarter Perf...

18 minutes ago

HOT PORT NEWS from GAC

13 minutes ago

How is energy transition investment evolving in 20...

7 hours ago

More tanker arrivals, shipping fuel sold through S...

7 hours ago