ARA fuel oil stocks fall by 7% in February

The ARA’s independently held fuel oil stocks have declined by 7% in February, according to Insights Global data.

Changes in monthly average ARA stocks from January to February:

• Fuel oil stocks down 480,000 bbls to 6.47 million bbls
• Gasoil stocks up 970,000 bbls to 16.27 million bbls

At 6.47 million bbls, the region’s fuel oil stocks are at their lowest average since October 2025.

The region’s independent gasoil inventories - which include diesel and heating oil – have increased by 6% this month, compared to January.

Prompt deliveries of VLSFO and LSMGO in the ARA hub are tight, a trader told ENGINE. Buyers are advised to book stems 5-7 days in advance to avoid high premiums.

HSFO deliveries can be carried out comparatively faster, with 2-3 days' notice, the trader added.

By Samantha Shaji

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