Europe Gasoline/Naphtha-Gasoline refining margins soften
SAUDI ARAMCO 2222.SA | 0.00 | |
Tadawul All Shares Index TASI.SA | 0.00 |
LONDON, July 10 (Reuters) - Northwest European gasoline refining margins fell by $2.77 on Friday to $38.11 a barrel, but strong buying activity and low inventories limited losses.
Gunvor, Sahara and Totsa sold about 10,000 metric tons of E10 gasoline barges to Exxon Mobil and Varo.
Trafigura and ATL sold about 16,200 tons of Eurobob E5 gasoline barges to Gunvor, Exxon Mobil and MB Energy.
Russian gasoline output fell to a level equivalent to only around 65% of the seasonal average consumption after Ukrainian drone attacks led to stoppages at large oil refineries, according to two industry sources and Reuters calculations.
Gasoline stocks held independently in the Amsterdam-Rotterdam-Antwerp refining and storage hub dropped 3.8% to 904,000 tons, their lowest since May 2024, with exports to South Africa and the United States along with a rare trade to Brazil, data from Dutch consultancy Insights Global showed.
|
Trade |
Bid |
Offer |
Prev. |
Seller |
Buyer |
Ebob Barges MOC Platts E5 (fob ARA) |
|
$982 |
$975 |
|
|
|
Ebob Barges E10 Platts (fob ARA) |
|
|
|
|
|
|
Ebob Barges Argus E5 (fob ARA) |
$956.50 (16.20KT) |
|
$976.75 (18KT) |
Trafigura, ATL |
Gunvor, Exxon, MB Energy |
|
Ebob Barges E10 Argus (fob ARA) |
$978.50 (10KT) |
|
$995.75 (3KT) (assessment) |
Gunvor, Sahara, Totsa |
Exxon, Varo |
|
August swap |
|
|
$906.50 |
|||
Premium Unleaded (fob ARA) |
|
|
||||
Cargoes (fob MED) |
|
August +$72 |
|
|
|
|
Cargoes (cif NWE) |
|
|
|
|
|
|
Naphtha (cif NWE) |
|
|
|
|
|
|
Ebob crack (per barrel) |
$38.11 |
Prev. $40.88 |
Brent futures |
LCOc1 |
|
Rbob |
RBc1 |
|
Rbob crack |
|
|