Europe Gasoline/Naphtha-Gasoline refining margins fall to lowest since March

By Reuters News

- Northwest European gasoline refining margins fell further on Wednesday, shedding over $2 to $11.74 a barrel and marking their lowest level since March, as US gasoline stocks rose and China issued fresh export quotas.

  • US gasoline stocks rose by 3.9 million barrels in the week to 209.2 million barrels, the Energy Information Administration said on Wednesday, against expectations of a decline

  • China issued a fourth batch of fuel export quotas for gasoline, diesel and jet fuel, a rare additional issue that brings the 2026 total in line with 2025 despite curbs earlier in the year, three people familiar with the matter said on Wednesday

  • Britain's finance minister John Healey said on Wednesday he would maintain a freeze on the level of fuel duty rates, extending a five-pence temporary cut introduced in 2022 until at least July

Trade

Bid

Offer

Prev.

Seller

Buyer

Ebob Barges MOC Platts E5

(fob ARA)

$1098

Ebob Barges E10 Platts (fob ARA)

Ebob Barges Argus E5 (fob ARA)

$1071.25 (assessed)

$1080.75 (2KT)

Ebob Barges E10 Argus (fob ARA)

$1079 (assessed)

$1088.00 (8KT)

November swap

$1056.75

$1056

Premium Unleaded (fob ARA)

Cargoes

(fob MED)

Nov +$30

Cargoes (cif NWE)

Naphtha

(cif NWE)

Ebob crack (per barrel)

$11.74

Prev: $13.77

Brent futures

Rbob

Rbob crack

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.