ARA gasoline stocks rise to five-month high

Oil

Gasoline inventories at the Amsterdam-Rotterdam Antwerp storage hub increased by 50KT w-o-w to 1.42MT during the week ending 26 January, rising for the third consecutive week to the highest level since August, according to data from Refinitiv. Total oil product stocks declined by 60KT w-o-w to 5.83MT however, easing after reaching the highest level since July 2021 during the previous week. Jet fuel inventories decreased by 50KT w-o-w to a ten-week low of 820KT, with fuel oil stocks also falling by 30KT w-o-w to 1.12MT.