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European ARA Gasoil Stocks Increase to Just 17% Below Normal

OIL PRODUCTS

Gasoil inventories in Europe’s ARA region increased by +49k tons to 1.765m tons according to the latest Insights Global data. Stocks levels have closed to 17% below the five-year average of 2.124m tons for this time of year. Despite a decline this week, gasoline stocks are still above the five year range at 1.297m tons.

  • Gasoil: +49k mt to 1,765k mt
  • Gasoline: -63k mt to 1,297k mt
  • Fuel Oil: +73k mt to 1,079k mt
  • Jet Fuel: -9k mt to 873k mt
  • Naphtha: -104k mt to 209k mt

Source: Bloomberg

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