ARA product stocks little changed – PJK
Total oil product stocks held in independent storage facilities at the Amsterdam-Rotterdam-Antwerp refining were hardly changed at 5.68 million tonnes in the week to Thursday, according to data from Dutch consultancy PJK International. Gasoline stocks remained flat, with exports to the Middle East rising above average levels, PJK’s Patrick Kulsen said.
Naphtha stocks were down 11 percent due to strong demand from the petrochemical sector and gasoline blenders. Gasoil stocks were little changed as lower production from refinery maintenance offset higher import volumes and weak inland demand, Kulsen said.
Source: Reuters (Reporting By Julia Payne; Editing by David Evans)