Jet fuel stocks in independently held storage at the Amsterdam-Rotterdam-Antwerp (ARA) hub fell to their lowest level in more than six years in the week to 15 April, while naphtha inventories dropped to a one-year low, consultancy Insights Global said.
Jet fuel stocks fell for a second consecutive week, down by 7.6pc to around 600,000t — the lowest level since April 2020. Independently held inventories had already been declining from late January, before jet fuel flows from the Mideast Gulf were disrupted by the US-Iran war.
US jet fuel flows have since been diverted towards the UK, as the country seeks to build stocks ahead of peak summer airline demand. The UK also imported jet fuel from the ARA hub during the week, further tightening regional availability.
Independently held gasoline stocks rose by 2.5pc on the week to 1.04mn t. Seasonally weak inland demand and lower pull from west Africa allowed refinery output in ARA to accumulate in storage, Insights Global said. The consultancy also noted weaker blending interest, potentially reflecting an oversupplied European gasoline market, in line with market feedback.
Naphtha stocks fell sharply, down by 13.9pc to about 430,000t, their lowest level in a year. Cargoes that would typically supply Europe from Algeria and the US were instead diverted to Asia-Pacific, where buyers were willing to pay higher prices, Insights Global said.
| Independent ARA stocks on 15 April 2026 | 000t | ||
| Stocks | ± week-on-week | ±% week-on-week | |
| Gasoil | 1,950 | -142 | -6.8 |
| Fuel oil | 702 | 37 | 5.6 |
| Gasoline | 1,039 | 25 | 2.5 |
| Naphtha | 429 | -69 | -13.9 |
| Jet | 597 | -49 | -7.6 |
| Total | 4,717 | -198 | -4.0 |
| — Insights Global | |||
