Jet: Traders eye Scandinavia, ARA tanks full
July 26, 2016
Jet fuel traders are moving product out of tanks in the Amsterdam-Rotterdam-Antwerp region into Scandinavia in order to create more room for incoming arrivals, sources have said.
"We're having to sell into locations at ugly levels" one trader said. "Taking product out of ARA into [Scandinavia], ullage is tight and having to export out into ugly netbacks," the trader added.