June 14, 2016 [OPIS] - Distillate stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp region were measured at 23.6 million bbl on June 10, a 2% decline on the prior week, according to BNP Paribas.
Inventories were 5.1% lower on the prior month period, but 4.9% above levels seen a year ago, the French investment bank said, citing data from PJK International.
Jet and kerosene stocks were at 5.68 million bbl, a 2.4% draw over the last week. Still stocks were 6.2% higher than a month ago and 18.2% more than the same period last year.
Distillate stocks are 28.6% above the five-year average, while jet fuel was 67.9% more, the report said.
Overall middle distillate inventories in the E16 for May were at 439 million bbl, 0.6% lower than a month ago, which was 12.4% above the five-year average.
