Markets

ARA gasoil stocks fall to lowest since June 2015

Published October 27, 2016 Updated October 27, 2016 05:13pm

LONDON: Gasoil stocks independently held in the Amsterdam-Rotterdam-Antwerp oil hub fell by 3.4 percent to their lowest since June 2015, Dutch consultancy PJK International said.

Stocks fell as refinery turnarounds in the region curtailed supplies and as cargoes were exported to North Africa, PJK's Patrick Kulsen said.

Gasoline supplies rose slightly but were around 20 percent lower than their level a year ago.

Water levels along the Rhine river remained low, and barges were not widely available, limiting trading activity in the gasoline market, barge brokers said.

Copyright Reuters, 2016