Weekly Oil Stock Summary: Oil Data Digest | Europe

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M

Update

August 6, 2026 04:38 PM GMT

Morgan Stanley & Co. International plc+

Oil Data Digest | Europe

Charlotte Firkins

Commodities Strategist

Weekly Oil Stock Summary

Martijn Rats, CFA

Equity Analyst and Commodities Strategist

Total oil inventories drew by 5.8 mln bbls last week. Crude

stocks drew by 2.3 mln bbls, driven by draws in all regions.

Refined product stocks drew by 3.5 mln bbls, driven by a

sizeable draw in the US.

Exhibit 7 : Summary table

The charts below summarise all oil inventory data available on a weekly basis for

the US from the EIA, Antwerp-Rotterdam-Amsterdam (ARA) from Genscape and

PJK, Japan from PAJ, Singapore from IE, and the Fujairah hub (UAE).

Exhibit 1:

Total oil stocks (crude +

products) drew by 5.8 mln bbls last

Exhibit 2:

Crude stocks drew by 2.3

mln bbls, driven by draws in all regions

week

Note: The products figure includes inventories of gasoline, middle distillates

and fuel oil plus naphtha. NW Europe data is for the ARA region. Includes

the US SPR. Source: EIA, PJK International, IE Singapore, PAJ, Genscape,

FEDCom/Platts.

Exhibit 8 : Week-over-week change compared

to 10y average

Source: EIA, PJK International, IE Singapore, PAJ, Genscape,

FEDCom/Platts. Includes US SPR.

Source: EIA, PJK International, IE Singapore, PAJ, Genscape,

FEDCom/Platts. Includes US SPR.

Exhibit 3:

Refined product stocks

Exhibit 4:

Gasoline stocks drew by 1.3

drew by 3.5 mln bbls, driven by a draw

mln bbls, driven by draws in the US and

in the US

Europe

Source: EIA, PJK International, IE Singapore, PAJ, Genscape,

FEDCom/Platts

Source: EIA, PJK International, IE Singapore, PAJ, Genscape,

FEDCom/Platts

Exhibit 5:

Distillate stocks drew by 4.7

Exhibit 6:

Note: The products figure includes inventories of gasoline, middle distillates

and fuel oil plus naphtha. NW Europe data is for the ARA region. The US

includes the SPR. Fujairah stocks only compares to the 6-year average and

NW Europe/ARA crude stocks only compares to the 9-year average, due to

data availability . Source: EIA, PJK International, IE Singapore, PAJ,

Genscape, FEDCom/Platts.

Fuel oil stocks built by 1.1

…