Gasoline Stockpiles Decline in Europe on Exports, PJK Says
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Gasoline inventories in independent storage in Europe’s Amsterdam-Rotterdam-Antwerp oil-trading hub fell to the lowest level in more than three months, according to PJK International BV.
Gasoline stockpiles plunged 21 percent to 644,000 metric tons in the week to today, according to PJK, a researcher based in Oosterhout in the Netherlands. That’s the lowest since Dec. 30 even as supplies arrived from Aruba, Russia and the U.K.