tradingkey.logo

Europe Gasoline/Naphtha-Gasoline margins edge up

ReutersFeb 19, 2025 6:01 PM

- Northwest European gasoline refining profit margins rose by 11 cents on Wednesday to $9.37 a barrel, while a gasoline cargo traded in northwest Europe.

  • A total of 6,000 metric tons of E5 gasoline barges traded, as TotalEnergies and Trafigura sold barges to ExxonMobil, Litasco and Vitol.

  • A total of 2,000 tons of Eurobob E10 barges traded in the Argus window as Trafigura sold barges to BP and Varo.

  • In the Platts window, Vitol bought a gasoline cargo in the Mediterranean from Trafigura, while in Northwest Europe Musket offered a cargo for Thames delivery.

  • Syzran oil refinery, operated by Russia's oil giant Rosneft, suspended oil processing on February 19 due to a fire at the primary unit (CDU-6) following an attack by a Ukrainian drone, two industry sources told Reuters.

  • UK and EU gasoline exports are on track to reach 871,000 barrels per day in February, compared with 905,000 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)

$719.25

$716.50-720.25 (7.8KT

TotalEnergies, Trafigura

ExxonMobil, Litasco, Vitol

Ebob Barges E10 Argus (fob AR)

$726.25

$722 (3KT assessed)

Trafigura

BP, Varo

March swap (fob ARA)

$722

$720

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

FOB Med - $8

FOB Med + $7.50

Balmo -$11

Cargoes (cif NWE)

$757 CIF Thames

Musket

Petroineos

Naphtha

(cif NWE)

NAF-C-NWE

COD +5 + $4

Balmo + $7

Ebob crack (per barrel)

$9.37

Prev. $9.26

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI