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Europe Gasoline/Naphtha-Gasoline refining margins stay near multi-month lows

By Reuters News16:17 (UTC), 20 October 2026 Updated

LONDON, Oct 19 (Reuters) - Northwest European gasoline refining margins rose on Tuesday by $1.15 to $29 a barrel but kept to near a multi-month low.

In the Argus window, 9,000 metric tons of Eurobob E5 barges traded, with ExxonMobil and Varo selling to TotalEnergies and Shell
Shell and Trafigura sold 22,000 tons of Eurobob E10 barges to Varo, Exxon, Sahara, MB Energy and Equinor
Iran has deliberately prolonged talks with the US to try to weaken Donald Trump politically ahead of November's US midterm elections, senior officials say, while fears of renewed military action and deep distrust of Washington have reinforced Tehran's reluctance to strike a quick deal to end the war.

	Trade	Bid	Offer	Prev.	Seller	Buyer
Ebob Barges MOC Platts E5 (fob ARA)	$1123			$1179-$1181	Exxon	TOTSA
Ebob Barges E10 Platts (fob ARA)
Ebob Barges Argus E5 (fob ARA)	$1126.50 (9KT)			$1153.50 (12KT)	Exxon, Varo	Shell, TOTSA
Ebob Barges E10 Argus (fob ARA)	$1079.25 (22KT)			$1118.50 (4KT)	Shell, Trafigura	Varo, Exxon, Sahara, MB Energy, Equinor
November swap	$1032.75			$1065.25
Premium Unleaded (fob ARA)
Cargoes (fob MED)	Balmo Med -$9				BGN	Trafigura
Cargoes (cif NWE)
Naphtha (cif NWE)

Ebob crack (per barrel)	$29.00	Prev: $27.85
Brent futures
Rbob
Rbob crack

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