ARA gasoline stocks rise 3% -Insights Global

Gasoil stocks dropped 1%

  

LONDON- Gasoline stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 3% in the week to Thursday, data from Dutch consultancy Insights Global showed, although much lower than the levels seen in the same period last year.

* Gasoline exports were strong, including to uncommon destinations like East Asia, said Insights Global's Lars van Wageningen, but there were also many incoming cargoes, creating congestion in ports.

* Gasoil stocks dropped 1% as demand up the Rhine River improved week-on-week, said van Wageningen.

* Naphtha stocks had a small downtick.

* Jet fuel stocks dropped by 3%, and fuel oil fell 7%.

*COPYRIGHT NOTICE* - Any unauthorised use, duplication or disclosure of ARA stocks data is prohibited without the prior approval of PJK International B.V.

(Reporting by Bozorgmehr Sharafedin;Editing by Elaine Hardcastle) ((bozorgmehr.sharafedin@thomsonreuters.com; Twitter: @bozorgmehr;))

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