ARA fuel oil stocks climb 15% in August

AI Summary

ARA fuel oil stocks increased by approximately 15% in August compared to July, reaching around 4.62 million barrels, while gasoil stocks declined by about 167,000 barrels. This data reflects shifts in fuel oil availability in the Amsterdam-Rotterdam-Antwerp area.

The ARA’s independently held fuel oil stocks have averaged 15% higher in August thus far, compared to July’s monthly average, according to Insights Global data. Changes in monthly average ARA stocks from July to August (so far): Fuel oil stocks up around 591,000 bbls to 4.62 million bbls Gasoil stocks down around 167,000 bbls to ...