Europe Gasoline/Naphtha-Gasoline refining margins slip
LONDON, Nov 12 (Reuters) - Northwest European gasoline refining margins fell by $1.68 a barrel on Thursday to $6.70 as regional inventories rose.
In the Argus window, Shell and Equinor sold a total of three Eurobob E5 barges to Vitol, MB Energy and Varo.
Another three barges of Eurobob E10 traded, with Exxon and BP selling to Varo, Finco and MB Energy.
Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose 14% on the week, data from Dutch consultancy Insights Global showed. ARA/
Gasoline stocks stood at 1.02 million tons, rising to their highest since late September on limited transatlantic exports and higher imports, including from inland refineries, Insights Global's Lars van Wageningen said.
Trade | Bid | Offer | Prev. | Seller | Buyer | |
Ebob Barges MOC Platts E5 (fob ARA) | $890 | $893.00 | Varo | Trafigura | ||
Ebob Barges E10 Platts (fob ARA) | ||||||
Ebob Barges Argus E5 (fob ARA) | $850 (6KT) | $850.00 | Shell, Equinor | Vitol, TotalEnergies, MB Energy | ||
Ebob Barges E10 Argus (fob ARA) | $844.50 (6KT) | $846.00 - $854.00 (12KT) | Exxon, BP | Finco, MB Energy, Varo | ||
December swap | $847.25 | $855 | ||||
Premium Unleaded (fob ARA) | ||||||
Cargoes (fob MED) | ||||||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) |
Ebob crack (per barrel) | $6.70 | Prev: $8.38 |
Brent futures | ||
Rbob | ||
Rbob crack | ||