Commodity Market Report

Genscape weekly European market signposts - Ships sitting in Southwold

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22 June 2020

Genscape weekly European market signposts - Ships sitting in Southwold

Report summary

This weekly update integrates Genscape’s proprietary monitoring of near-term data with Wood Mackenzie's Product Markets short-term analysis to provide insight to the fast-changing European oil products markets. Oil floating storage in NW Europe is a key signpost to watch for improvements in European demand. This week’s review takes a closer look at diesel floating storage in the region and shipping flows that will change the supply/demand balance in the weeks ahead.

Table of contents

    • Genscape’s ARA oil products storage reaches new highs
    • Floating storage
    • Ship-to-ship offtakes head to the French Atlantic coast
    • German demand - conspicuous by its absence
    • Baltic loadings still low

Tables and charts

This report includes 3 images and tables including:

  • ARA total product storage
  • Middle distillate floating storage
  • Hamburg gasoil/ULSD imports

What's included

This report contains:

  • Document

    Genscape weekly European market signposts - Ships sitting in Southwold

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