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OIL PRODUCTS: ARA Gasoil Stocks Dip but Gasoline Edge Higher Last Week

OIL PRODUCTS

European ARA Gasoil stocks fell again last week but gasoline stocks edged higher, according to the latest Insights Global data.  Gasoil stocks remain above the previous five year average despite the weekly drop while gasoline stocks are still well below normal.

  • Gasoil: -19 mt to 2,428k mt
  • Gasoline: +36k mt to 970k mt
  • Fuel Oil: -2k at 1,372k mt
  • Jet Fuel: -6k mt to 965k mt
  • Naphtha: -5k mt to 554k mt
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European ARA Gasoil stocks fell again last week but gasoline stocks edged higher, according to the latest Insights Global data.  Gasoil stocks remain above the previous five year average despite the weekly drop while gasoline stocks are still well below normal.

  • Gasoil: -19 mt to 2,428k mt
  • Gasoline: +36k mt to 970k mt
  • Fuel Oil: -2k at 1,372k mt
  • Jet Fuel: -6k mt to 965k mt
  • Naphtha: -5k mt to 554k mt