
LONDON, Feb 12 (Reuters) - Northwest European gasoline refining profit margins fell by about 43 cents on Wednesday to $10.46 a barrel despite an unexpected fall in U.S. inventories, as low export demand weighed.
A total of 8,000 metric tons of E5 gasoline traded, as TotalEnergies sold barges to BP, Varo and Musket.
No E10 gasoline barges traded.
In the Platts window, Trafigura offered a gasoline cargo in the Mediterranean, while Vitol sought a cargo. Musket offered a cargo for Thames delivery.
U.S. gasoline stocks USOILG=ECI fell by 3 million barrels last week to 248.1 million barrels, according to the Energy Information Administration, compared with analysts' expectations in a Reuters poll for a 1.4 million-barrel build.
UK and EU gasoline exports are on track to reach 816,000 barrels per day so far this month, compared with 1.43 million bpd in January, Kpler data show.
| 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) | $721.25 (8KT) | $737.50 (3KT) | TotalEnergies | BP, Musket, Varo | ||
Ebob Barges E10 Argus (fob AR) | $723 (3KT assessed) | $736.25 (5KT) | ||||
March swap (fob ARA) | $720.50 | $732 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | Feb -$3 | Feb -$7 | ||||
Cargoes (cif NWE) |
| $762 | ||||
Naphtha (cif NWE) NAF-C-NWE | March +$10 |
Ebob crack (per barrel) | $10.46 | Prev. $10.89 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 | |