Amsterdam-Rotterdam-Antwerp Oil Stocks Hit 12-Year Low Amid Middle East Conflict
Oil product stocks in the Amsterdam-Rotterdam-Antwerp (ARA) region have dropped to their lowest levels since 2014, according to data from Dutch consultancy Insights Global. The decline is attributed to disruptions in imports caused by the ongoing conflict in the Middle East. Total stocks fell by 4% to 4.72 million metric tons, with significant decreases in naphtha and middle distillate inventories. Jet kerosene stocks reached a four-year low, while gasoil and diesel stocks also saw a decline due to slower imports and increased inland demand.