ARA Jet Fuel Stocks Down 4.5%

Overview

The Amsterdam‑Rotterdam‑Antwerp (ARA) refining and storage hub reported a contraction in key oil‑product inventories for the week ending Thursday, according to Dutch consultancy Insights Global. The data were reviewed by Lars van Wageningen of the consultancy.

Jet Fuel and Kerosene

Jet fuel and kerosene stocks declined by 4.5% to a total of 592,000 metric tons. The reduction was attributed to weaker export volumes and the complete absence of imports during the reporting week.

Gasoline

Gasoline inventories fell 3.8% to 904,000 tons, marking the lowest level observed since May 2024. The decline coincided with cargoes being dispatched to South Africa, the United States and an unusual shipment to Brazil.

Operational Constraints

Blending activity experienced delays because low water levels in the Rhine River hampered barge loading operations. The reduced navigability raised freight rates and heightened the risk of vessels becoming stuck in the river.

Naphtha

Naphtha stocks dropped sharply by 18.3% to 339,000 tons. The fall was driven by heightened blending activity, stronger inland demand, and two shipments directed to Venezuela.

Market Indicators

The article also noted movements in related market indices, with the NFTA index up 2.06% and the GPR index down 1.15% during the same period.