Europe Gasoline/Naphtha-Gasoline margins edge up
LONDON, March 12 (Reuters) - Northwest European gasoline refining profit margins rose by 16 cents on Wednesday to $4.23 a barrel, while demand remained muted.
A total of 4,000 metric tons of E5 gasoline barges traded, as Trafigura sold to Mabanaft and TotalEnergies.
A further 4,000 tons of Eurobob E10 traded, as Trafigura sold to Varo.
EU and UK gasoline exports are on track to reach 461,000 barrels per day in March, according to Kpler data, compared with 878,000 bpd in February.
Russia's offline primary oil refining capacity in March was revised up 49.7% from the initial plan for this month to 2.96 million metric tons, according to Reuters calculations based on data from industry sources, amid drone attacks.
| Trade | Bid | Offer | Prev. | Seller | Buyer |
Ebob Barges MOC Platts E5 (fob ARA) EUROBOB-ARA | $653 (4KT) | Sahara, BP | Varo | |||
Ebob Barges E10 Platts (fob ARA) | ||||||
Ebob Barges Argus E5 (fob AR) | $631 (4KT) | $618.50 (4KT) | Trafigura | Mabanaft, TotalEnergies | ||
Ebob Barges E10 Argus (fob AR) | $641 (4KT) | $633.50 (4KT) | Trafigura | Varo | ||
April swap (fob ARA) | $690 | $677.25 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | FOB Med - $5 | |||||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) NAF-C-NWE | Mar + $2 |
Ebob crack (per barrel) | $4.23 | Prev. $4.07 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 | |
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