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Europe Gasoline/Naphtha-Gasoline margins jump

ReutersMar 25, 2025 5:30 PM

- Northwest European gasoline refining profit margins rose by more than $2 a barrel on Tuesday to $9.20, as summer grade gasoline continued trading.

  • A total of 10,000 metric tons of E5 gasoline barges traded as Trafigura and Litasco sold to Varo and Mabanaft.

  • A further 6,000 tons of Eurobob E10 traded as Shell sold to Mabanaft.

  • Trafigura sold a cargo to Vitol in the Mediterranean.

  • Indian refiners will issue fewer tenders for crude oil purchases on the spot market in the coming months, company sources said on Monday, as Russian supplies bounce back from sanctions-related disruptions.

  • Indian refiners' throughput in February fell 4.5% year on year to 5.12 million barrels per day, provisional government data showed on Tuesday.

  • EU and UK gasoline and blending component exports are on track to reach 840,000 barrels per day in March, according to Kpler data, down from 855,000 bpd in February.

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)

$689.25 (10KT Summer grade)

$672.75 (4Kt winter, 2KT summer)

Trafigura, Litasco

Mabanaft, Varo

Ebob Barges E10 Argus (fob AR)

$712.50 (6KT Summer grade)

$682 (8KT winter and 3KT assessed summer

Shell

Mabanaft

April swap (fob ARA)

$705.25

$705.50

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

$708

Trafigura

Vitol

Cargoes (cif NWE)

Naphtha

(cif NWE)

NAF-C-NWE

April - $1

April +$4

Ebob crack (per barrel)

$9.20

Prev. $7.10

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

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