Europe Gasoline/Naphtha-Gasoline margins edge lower
LONDON, March 31 (Reuters) - Northwest European gasoline refining profit fell on Monday by about 75 cents to $11.54 per barrel as concerns about potential new tariffs weighed on the demand outlook.
A total of 12,000 metric tons of Eurobob E10 traded on Monday, with Phillips 66, Gunvor and Shell selling to Varo and Mabanaft.
Another 2,800 tons of Eurobob E5 traded on Friday, with Litasco and Shell selling to Trafigura and Phillips 66.
U.S. President Donald Trump threatened to hit buyers of Russian oil with 25% to 50% tariffs.
EU and UK gasoline and blending component exports to other regions are on track to reach 802,000 barrels per day (bpd) in March, according to Kpler data, down from 870,000 bpd in February.
"Gasoline blend margins are improving in Amsterdam-Rotterdam-Antwerp and the US Gulf Coast, with exports ramping up, but components like reformate are lagging," Sparta Commodities analysts said.
| Trade | Bid | Offer | Prev. | Seller | Buyer |
Ebob Barges MOC Platts E5 (fob ARA) EUROBOB-ARA | $732 | $722 | Shell | Trafigura | ||
Ebob Barges E10 Platts (fob ARA) | ||||||
Ebob Barges Argus E5 (fob AR) | $725.25 (1.8KT) | $720.5-724 (3KT) | Litasco | P66 | ||
Ebob Barges E10 Argus (fob AR) | $725.50 on 12KT | $721.75 (7KT) | P66, Gunvor, Shell | Varo, Mabanaft | ||
April swap (fob ARA) | $729.25 | $713.25 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | April +$5 | April +$2.5 | ||||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) NAF-C-NWE | April -$1 |
Ebob crack (per barrel) | $11.54 | Prev. $12.27 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 | |
Related Articles
$660B Capex Bill Triggers $900B Wipeout: Why Apple Shares Outperform Amazon and Google Despite AI Lag
Based on financial disclosures, the combined 2026 capital expenditure forecasts for Meta, Amazon, Google, and Microsoft are projected to reach $660 billion. This figure is not only significantly higher than the $410 billion forecast for 2025 and $245 billion for 2024, but even surpasses the GDP of I
Amazon Stock Predictions for 2026 to 2030: Will They Exceed Expectations and Achieve Major Long-Term Goals?
TradingKey - As we head into 2026, many investors are questioning where Amazon (AMZN) fits into the technology world.
A Crash After a Surge: Why Silver Lost 40% in a Week?
TradingKey - Spot silver (XAGUSD) prices continue to decline. Silver plunged 20% on Thursday, breaking below $71 per ounce, with the sell-off intensifying on Friday as prices fell further below $64. Compared to the all-time high set on January 29, silver prices have retraced more than 40%, wiping out nearly all gains accumulated over the previous month.
Is Bitcoin’s Four-Year Cycle Dead in 2026?
Is the Bitcoin 4-year cycle dead? After 2025 broke historical records with a red post-halving year, institutional analysts explore if the Bitcoin price has decoupled from the halving countdown. Analyze the impact of spot ETFs, global liquidity, and the roadmap to the 2028 halving in this 2026 market
