Stocks rose on a slowdown in exports, particularly to the US, where stocks last week hit a record high, PJK’s Patrick Kulsen said. But cargoes still found outlets in Asia Pacific, Latin America and West Africa.
Gasoil inventories fell by 2.8% because of inland demand and exports from the hub to other northwest European locations and the Mediterranean region, Kulsen said. Fuel oil stocks rose by 8.7% on rising imports from Russia.
