ARA gasoil stocks reach highest since July 2021

Oil

Gasoil inventories at the Amsterdam-Rotterdam-Antwerp (ARA) storage hub increased by 132KT w-o-w to 2.32MT during the week ending 2 February, the highest level since July 2021, according to data from Refinitiv. Total oil product stocks rose by 35KT w-o-w to 5.87MT, however naphtha inventories declined by 64KT w-o-w to an eight-week low of 234KT.