ARA

Also known as: Amsterdam-Rotterdam-Antwerp

ARA refers to the ports of Amsterdam, Rotterdam, and Antwerp in the Northwest Europe refining hub market.

Spot transactions for refined products in these ports are commonly used as indicators for the Northwest Europe market overall, and are thus called "ARA basis."

These ports are used as a reference because they all have deep, active trading markets and are close enough to each other to be considered interchangeable.

The Refinery Reference Desk includes content derived from our industry experts as well as from public data sources such as company websites. Nothing herein is intended to serve as investment advice. This material is based on information that we believe to be reliable and adequately comprehensive, but we do not represent that such information is in all respects accurate or complete. McKinsey Energy Insights does not accept any liability for any losses resulting from use of the content.



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