LONDON, March 14 (Reuters) - Northwest European diesel barge...

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    LONDON, March 14 (Reuters) - Northwest European diesel barge cracks dropped to about $27.50 a barrel on Thursday as buying activity slowed and regional inventories rose.

    • Around 22,000 metric tons of diesel barges traded in the Platts window, down 11,000 tons from the previous session.
    • Gasoil stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 3.6% in the week to Thursday, according to data from Dutch consultancy Insights Global.
    • Gasoil stocks rose to 2.11 million metric tons, their highest since August 2023, amid weak demand, Insights Global's Lars van Wageningen said.
    • U.S. distillate fuel stocks USOILD=ECI , which include diesel and heating oil, rose by 888,000 barrels to 117.9 million barrels in the week to March 8, versus expectations for a 150,000-barrel drop, data from the EIA showed.
    • Diesel imports into Europe were so far projected to reach 4.81 million tons in March, already higher than a total of 4.65 million tons last month, LSEG analyst Raj Rajendran said in a note.
    • Imports were particularly strong from Asia and the Middle East at 2.36 million tons projected for March.

    				Trades  Bids   Offers  Previous  Seller  Buyer 
    									   Session			
     0.1 GO Barge											 
    

    diffs fob ARA per tonne

    GO-ED-ARA 0.1 GO Cargo diffs cif NEW per tonne

    GO-CND-NWE 0.1 GO Cargo diffs cif Med per tonne

    GO-CND-MED 50ppm barge diffs fob ARA per tonne Diesel Trades Bids Offers Previous Seller Buyer

    									   Session			
     Diesel barge   April				  Apr	   BP,	 Total 
     diffs fob ARA  +$5-$6				 $7-$8	 E3ENG,   
     per tonne	  (22KT)						   Exxon	
     

    A> Diesel cargo Cif Litasc Gunvor,

     diffs cif NEW  NWE							  o,	  Total 
     per tonne	  +$10.5						   Hartre   
     

    NWE> (Dunki

    				rk);									  
    				Cif									   
    				NWE									   
    				+$10									  
    				(Le									   
    				Havre)									
     Diesel cargo				  April					  
    

    diffs cif Med +$13 per tonne

    DL-CIFD-MED Jet fuel Trades Bids Offers Previous Seller Buyer

    									   Session			
     Jet fuel			   April							 
    

    barge +$30 diffs fob FARAG per tonne

    JET-BD-ARA Jet fuel cargo cif NEW per tonne

    JET-CD-NWE

     Fuel Oil	 Trades	 Bids	Offers  Previous  Seller  Buyer 
    										 Session			
     0.5% barge   $584-$585				  $575-$57  BP	  North 
     fob ARA per							 8				 star, 
     tonne													 Mercu 
    
    														   ria, 
    														   Unite 
    														   d 
    														   Bunke 
    														   ring 
     3.5% barge   $458-$460				  $452-$45  Vitol,  North 
    
     fob ARA per							 3		 Gunvor  star, 
     tonne													 BP, 
    

    HFO-ARA Shell

    														   OEI, 
    														   Trafi 
    														   gura, 
    														   Unite 
    														   d 
    														   Bunke 
    														   ring 
     ICE Low Sulphur Gasoil   LGOc1		   Previous 
    
     Diesel ARA Barge		$27.498		  $28.382 
     Cracks vs Brent						   
    

    futures (per barrel) Diesel spread LGOc1-LGOc2

 
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