LONDON, Dec 27 (Reuters) - Refined oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by nearly 3% on the week to their highest since May 2023, data from Dutch consultancy Insights Global showed.
Overall stocks stood at 6.47 million metric tons, supported by high gasoline and fuel oil inventory levels, data from Insights Global showed.
Fuel oil stocks rose by 15% on the week to 1.47 million tons, marking their highest since early July.
Incoming cargoes from the Caribbean resulted in a fuel oil stockbuild along with weak bunkering demand in ARA, Insight Global's Lars van Wageningen said.
Gasoil stocks, which include diesel and heating, rose by 1.5% on the week to 2.21 million tons, the highest in four weeks.
Gasoline inventories fell by 1% to 1.36 million tons, but remained their highest in over a year.
The following table shows volumes in thousands of tons:
| 27/12/2024 | 19/12/2024 | 28/12/2023 |
|
Gasoline | 1,356 | 1,371 | 919 | STK-GL-ARA |
Naphtha | 556 | 558 | 268 | STK-NAF-ARA |
Gasoil | 2,213 | 2,180 | 1,825 | STK-GO-ARA |
Fuel oil | 1,472 | 1,277 | 1,286 | STK-FO-ARA |
Jet fuel | 875 | 902 | 697 | STK-JET-ARA |
Product | Incoming cargoes | Outgoing cargoes |
Gasoline | Baltics, Denmark, Germany, Norway, Portugal, Turkey, U.K. | Argentina, Caribbean, France, Spain, U.K., U.S. |
Naphtha | Mediterranean, Norway, Portugal, Spain, U.K. | Sweden, U.K. |
Gasoil | Kuwait, U.S. | France, Ireland, Norway, Poland, Sweden, U.K. |
Fuel Oil | Baltics, Colombia, France, Germany, Poland, Sweden, U.K. | Germany, U.K., U.S. |
Jet-kero | U.S. | Denmark, Norway, U.K. |
*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 Enes Tunagur; editing by Barbara Lewis)
((Enes.Tunagur@thomsonreuters.com;))