21 June, 2019 (Bloomberg) – ARA stockpiles of jet fuel increased to
their highest level in more than two years during the past week,
boosted by imports from India and the Middle East, according to
Insights Global.
* Jet fuel stockpiles in independent storage in NW Europe, highest since mid-May 2017, adding to gains last week
** Highest for time of year in data starting from 2007
** Imports remained elevated in the past week, including cargoes
from India and the Middle East, boosting ARA stockpiles even
though some shipments were partly discharged in U.K., Lars Van
Wageningen, operations manager of Insights Global, says by phone

** Inventories may increase further in coming week as more
imports are expected: Van Wageningen
** INDIA-EUROPE FUEL FLOWS: Imports Set to Jump, Mirrors Other
Arbs
** MIDEAST-EUROPE FUEL FLOWS: Shipments Boosted by Suezmax
Arrivals
* Gasoil/diesel stockpiles – still above 5-
year seasonal avg
** Demand to send fuels inland along the Rhine remained above
average, while more gasoil/diesel was
also shipped to West Africa; imports from outside Europe fell
w/w: Van Wageningen
* Gasoline stockpiles -still remains highest
for time of year in data starting from 2007
** Demand to ship fuel inland to Germany remained above average
in past week, but export demand was weak, with only a few
shipments to U.S., western Canada and West Africa: Van
Wageningen
** EUROPE-AMERICAS FUEL FLOWS: Exports Wane After U.S. Stocks
Swell
Reporter: Bill Lehane