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Europe Gasoline/Naphtha-Gasoline margins slip in thin trading

ReutersFeb 24, 2025 6:06 PM

- Northwest European gasoline refining profit margins fell by about 50 cents on Monday to $8.84 a barrel.

  • A total of 4,000 metric tons of E5 gasoline barges traded, as Trafigura sold barges to BP and Litasco.

  • Another 2,000 tons of Eurobob E10 barges traded as TotalEnergies sold to Petroineos.

  • EU and UK gasoline exports are on track to reach 822,000 barrels per day this month according to Kpler data, compared with 951,000 bpd in January.

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)

$702.25 on 4KT

$707.50-711.50 (8KT)

Trafigura

BP, Litasco

Ebob Barges E10 Argus (fob AR)

$698.75 on 3KT (1KT assessed)

$708.25 (8 KT)

TotalEnergies

Petroineos

March swap (fob ARA)

$702.50

$707.75

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

Cargoes (cif NWE)

Naphtha

(cif NWE)

NAF-C-NWE

+$9 with COD+5 pricing

Ebob crack (per barrel)

$8.84

Prev. $9.38

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

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