ARA fuel oil stocks consistent in June so far

The ARA’s independently held fuel oil stocks have remained flat in June so far, compared to May’s monthly average, according to Insights Global data.

Changes in monthly average ARA stocks from May to June (so far):

• Fuel oil stocks unchanged at 3.62 million bbls
• Gasoil stocks up 30,000 bbls to 13.66 million bbls

Fuel oil stocks in the ARA hub have fallen to levels not seen in more than a decade.

The ARA hub has imported only 7,000 b/d of fuel oil in the first week of June, sharply lower from April’s monthly average of 230,000 b/d, according to data from cargo tracker Vortexa. All of the cargoes during the first week of June have come from Germany.

Meanwhile, the ARA shipped out around 203,000 b/d of fuel oil in June till date, up from 191,000 b/d in May. Most supplies departed to the Singapore (44%), Cyprus (11%) and Venezuela (8%).

The region’s independent gasoil inventories - which include diesel and heating oil – have increased 30,000 bbl this month than in May. Gasoil inventories have fallen to their lowest level since July 2025.

The ARA hub imported 164,000 b/d of gasoil in June, down considerably from 204,000 b/d imported in May, Vortexa data showed.

Around 37% of June’s shipments have come from the Saudi Arabia, while Lithuania has sent around 21% of the cargoes.

Prompt bunker availability in the ARA remains tight. Buyers are recommended longer lead times of around 10 days for VLSFO and HSFO, and about six days for LSMGO, a trader said.

By Nachiket Tekawade

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