ARA gasoline stocks rise by 5%, Insights Global data shows
Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 5% in the week to Thursday, data from Dutch consultancy Insights Global showed.
- Gasoline stocks rose by 5%, their highest since June 2024, due to higher blending activity in the hub to support stronger exports to the U.S. East Coast and West Africa, Lars van Wageningen of Insights Global said.
- Gasoil stocks, which include diesel and heating oil, were up 1% on stronger imports from the Middle East and Turkey, though imports are expected to slow down, van Wageningen said.
Source: Reuters (Reporting by Ron Bousso;Editing by Elaine Hardcastle