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ARA Gasoil Stocks Close to Just 6% Below Normal

OIL PRODUCTS

Gasoil inventories in Europe’s ARA region increased by +125k tons to 2,208m tons according to the latest Insights Global data. Stocks levels have gradually increased since early Dec ahead of the EU ban on Russian products next month ARA Gasoil stocks are now just 6.4% below the five-year average for this time of year. Gasoline stocks are still at the top of the five year range at 1.369m tons.

  • Gasoil: +125k mt to 2,208k mt
  • Gasoline: +2k mt to 1,369k mt
  • Fuel Oil: -29k mt to 1,143k mt
  • Jet Fuel: +0k mt to 864k mt
  • Naphtha: -71k mt to 309k mt


Source: Bloomberg

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