Europe Gasoline/Naphtha-Gasoline refining margins tumble
LONDON, Oct 13 (Reuters) - Northwest European gasoline refining margins fell by about $8.21 to $40.59 a barrel on Tuesday.
In the Argus window, 8,000 metric tons of Eurobob E5 barges traded, with Varo selling to Trafigura while Aramco and ExxonMobil both sold to Varo
Shell sold 6,000 tons of Eurobob E10 barges to Petroineos and Varo
In the Platts window, ExxonMobil sold Trafigura one E5 barge at $1231 a ton
In the Mediterranean, Greece's Helleniq offered a 27,000 ton gasoline cargo at a $50 a ton premium to FOB cargo quotes pricing over October 21-31
US crude oil stockpiles were expected to have risen last week while product inventories are likely to have fallen, a preliminary Reuters poll showed on Monday.
Trade | Bid | Offer | Prev. | Seller | Buyer | |
Ebob Barges MOC Platts E5 (fob ARA) | $1231 | $1321 | ExxonMobil | Trafigura | ||
Ebob Barges E10 Platts (fob ARA) | ||||||
Ebob Barges Argus E5 (fob ARA) | $1230.50 (8KT) | $1305.75(4KT) | Varo, Aramco, ExxonMobil | Trafigura, Varo | ||
Ebob Barges E10 Argus (fob ARA) | $1192.50 (6KT) | $1249(12KT) | Shell | Varo, Petroineos | ||
November swap | $1086.75 | $1106.75 | ||||
Premium Unleaded (fob ARA) | ||||||
Cargoes (fob MED) | Med +$50 | |||||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) |
Ebob crack (per barrel) | $40.59 | Prev. $48.80 |
Brent futures | ||
Rbob | ||
Rbob crack | ||