ARA Gasoline Rise (Week 10 – 2021)
March 11, 2021 – Gasoline stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose in the week to Thursday, data from Dutch consultancy Insights Global showed.
Gasoline inventories were up mainly due to a weak demand up the Rhine River, said Patrick Kulsen, managing director for Insights Global.
Gasoil stocks fell due to uptick in loadings up the Rhine and also strong exports to Brazil and Morocco, Kulsen said.
Naphtha stocks had a big drop after a sharp rise in the previous week.
Fuel oil and jet fuel stocks remained steady.
Reporter: Bozorgmehr Sharafedin