Europe Gasoline/Naphtha-Gasoline margins rise slightly
LONDON, Feb 4 (Reuters) - Northwest European gasoline refining profit margins rose slightly on Tuesday to $9.78 a barrel, remaining at a 3-month high as trading activity picked up.
A total of 7,000 metric tons of E5 gasoline traded, which as TotalEnergies and Litasco sold to BP, Gunvor and ExxonMobil.
Another 8,000 tons of E10 gasoline traded as Varo bought barges from TotalEnergies, Shell and Trafigura.
In the Platts window, Trafigura offered two fob Mediterranean cargoes.
Meanwhile, EU and UK gasoline exports reached 883,000 barrels per day (bpd) in January, Kpler data showed, down from 944,000 bpd in December.
| Trade | Bid | Offer | Prev. | Seller | Buyer |
Ebob Barges MOC Platts E5 (fob ARA) EUROBOB-ARA | ||||||
Ebob Barges E10 Platts (fob ARA) | ||||||
Ebob Barges Argus E5 (fob AR) | $723.50 (7KT) | $728 (8KT) | TotalEnergies, Litasco | BP, Gunvor, ExxonMobil | ||
Ebob Barges E10 Argus (fob AR) | $720 on 8KT | $724.50 on 5KT | Shell, BP, Trafigura | Varo | ||
March swap (fob ARA) | $720 | $719.50 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | Feb -$0.50 | |||||
Cargoes (cif NWE) |
| |||||
Naphtha (cif NWE) NAF-C-NWE |
Ebob crack (per barrel) | $9.78 | Prev. $9.49 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 | |
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