Europe Gasoline/Naphtha-Gasoline refining margins inch up
LONDON, Oct 23 (Reuters) - Northwest European gasoline refining margins rose $1.25 a barrel to $18.85 on Friday despite a rise in oil prices.
In the Argus window, 12,000 metric tons of Eurobob E5 barges traded, with Exxon and Varo selling to TotalEnergies and MB Energy.
No E10 trades were reported in the session.
Japan's government is considering scaling back gasoline subsidies from as early as December amid growing concerns that funding for the costly measure could eventually run short, two ruling party officials familiar with the matter said on Friday.
Meanwhile Indonesia's energy minister said he was considering requesting an additional subsidised fuel quota for this year as consumers look for cheaper options.
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) | $1115.00 - $1118.00 (12KT) | $1102.50 (4KT) | Exxon, Varo | TotalEnergies, MB Energy | ||
Ebob Barges E10 Argus (fob ARA) | $1098.25 (3KT assessed) | $1070.75 on 3KT (1KT assessed) | ||||
November swap | $1076.00 | $1044.75 | ||||
Premium Unleaded (fob ARA) | ||||||
Cargoes (fob MED) | ||||||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) |
Ebob crack (per barrel) | $18.85 | Prev: $17.60 |
Brent futures | ||
Rbob | ||
Rbob crack | ||