LONDON, Dec 30 (Reuters) - Northwest European gasoline refining profit margins fell by about 66 cents on Monday to $6.04, as analyst forecasts suggested a rise in U.S. gasoline stocks last week.
About 4,000 metric tons of Eurobob E5 barges traded. Shell sold to Trafigura.
A further 4,000 tons of Eurobob E10 traded, which Shell sold to Varo.
Analysts estimated stockpiles of gasoline USOILG=ECI rose by about 400,000 barrels over the week to Dec. 27, a Reuters poll showed on Monday.
Gasoline inventories independently held in ARA storage fell by 1% on the week to 1.36 million tons but levels remained near their highest in more than a year, data from Dutch consultancy Insights Global showed on Friday.
Nigeria said on Monday that it had resumed some operations at its Warri oil refinery after almost a decade of shutdowns - one of a string of long-running failures that have left Africa's largest crude exporter importing most of its fuel.
| Trade | Bid | Offer | Prev. | Seller | Buyer |
Ebob Barges MOC Platts E5 (fob ARA) EUROBOB-ARA | $696 | |||||
Ebob Barges E10 Platts (fob ARA) | ||||||
Ebob Barges Argus E5 (fob AR) | $675.50 (4KT) | $679.25 (6KT) | Shell | Trafigura | ||
Ebob Barges E10 Argus (fob AR) | $677 (4KT) | $678.25 (assessed) | Shell | Varo | ||
Jan swap (fob ARA) | $682.50 | $678.50 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) |
| |||||
Cargoes (cif NEW) |
| |||||
Naphtha (cif NEW) NAF-C-NWE | Jan +$6 |
Ebob crack (per barrel) | $6.04 | Prev. $6.70 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 |
(Reporting by Robert Harvey
Editing by David Goodman
)
((Robert.Harvey@thomsonreuters.com; +447552256587;))