Europe Gasoline/Naphtha-Gasoline refining margins edge up 

By Reuters News

- Northwest European gasoline refining margins rose by $1.95 a barrel on Friday to $7.32.

  • In the Argus window, Shell and Varo sold two Eurobob E5 barges to Gunvor.

  • Another 12,000 tons of Eurobob E10 barges traded, with Exxon and Shell selling to Varo and Trafigura.

  • EU-27 and UK gasoline exports to other regions averaged 537,000 barrels per day in November, Kpler data shows, compared to an average of 863,000 million bpd in October.

Trade

Bid

Offer

Prev.

Seller

Buyer

Ebob Barges MOC Platts E5

(fob ARA)

$895

$890

Equinor

Trafigura

Ebob Barges E10 Platts (fob ARA)

Ebob Barges Argus E5 (fob ARA)

$865-$869.50

(4KT)

$850 (6KT)

Varo, Shell

Gunvor

Ebob Barges E10 Argus (fob ARA)

$856.50-$865 (12KT)

$844.50 (6KT)

Exxon, BP

Finco, MB Energy, Varo

December swap

$853.25

$847.25

Premium Unleaded (fob ARA)

Cargoes

(fob MED)

Cargoes (cif NWE)

Naphtha

(cif NWE)

Ebob crack (per barrel)

$7.32

Prev: $5.37

Brent futures

Rbob

Rbob crack

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