REFILE-Europe Gasoline/Naphtha-Gasoline refining margins edge lower

فيليبس 66
إكسون موبايل
رويال داتش شل

Phillips 66

PSX

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Exxonmobil Holdings Corporation

XOM

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Shell Plc Sponsored ADR

SHEL

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Changes day to Monday in lead paragraph

- Northwest European gasoline refining margins fell by $1.17 on Monday to $36.69 a barrel, but remained elevated amid low inventories and a tight market.

  • A total of 6,000 metric tons of Eurobob E5 gasoline barges traded on Argus, with Trafigura and ATL selling to Gunvor.

  • A further 8,000 metric tons of Eurobob 10 barges traded, sold by TotalEnergies to Varo and ExxonMobil.

  • President Donald Trump said on Monday the United States was reinstating its blockade of Iranian shipping in the Gulf and would ensure the Strait of Hormuz stays open — for a fee — after the two sides exchanged more missile and drone attacks.

  • Russia's seaborne oil product exports dropped by 27% on a daily basis in June month-on-month and by 37% from the same month a year ago to 5.7 million metric tons, as relentless drone attacks forced unplanned shutdowns at key domestic refineries, according to industry sources and Reuters calculations.

  • Fuel shortages in Russia, triggered by Ukrainian drone attacks on its refineries, have reached Central Asian countries, which are dependent on supplies from Russia, traders and fuel market participants said.

  • Russia's Syzran oil refinery on the Volga river has halted operations after a Ukrainian drone attack on July 12 damaged a primary processing unit, two industry sources said on Monday.

Trade

Bid

Offer

Prev.

Seller

Buyer

Ebob Barges MOC Platts E5

(fob ARA)

Ebob Barges E10 Platts (fob ARA)

Ebob Barges Argus E5 (fob ARA)

$978.50-989 (6KT traded)

$956.50 (16.20KT)

Trafigura, ATL

Gunvor

Ebob Barges E10 Argus (fob ARA)

$993.50 (8KT traded)

$978.50 (10KT)

TotalEnergies

Varo, ExxonMobil

August swap

$922

$881.50

Premium Unleaded (fob ARA)

Cargoes

(fob MED)

Cargoes (cif NWE)

Naphtha

(cif NWE)

Ebob crack (per barrel)

$36.69

Prev. $37.86

Brent futures

LCOc1

Rbob

RBc1

Rbob crack