ARA distillate stocks, US gasoline stocks via EIA…

This Week in Petroleum tells it with charts:

“Europe, like the U.S. East Coast, is experiencing a relatively warm winter. In addition to the resulting weak winter heating demand, high refinery runs in Europe and increased imports have kept distillate inventories in the Amsterdam, Rotterdam, and Antwerp (ARA) area far above normal. Higher inventories have pushed distillate futures prices in the ARA into a steep contango (meaning prices for delivery dates further in the future are higher than for near-month delivery). As a result, inventories are being held in floating storage and imported cargos are being diverted to longer voyages.”

And, gasoline stocks in the US continue to grow:

Here is the link: http://www.eia.gov/petroleum/weekly/