Europe Gasoline/Naphtha-Gasoline margins fall despite US stockdraw

LONDON, April 16 (Reuters) - Northwest European gasoline refining profit fell by $1.30 a barrel on Wednesday, even as U.S. stocks fell by more than expected over the last week.

• A total of 2,000 metric tons of Eurobob E5 traded, with BP selling to TotalEnergies.

• Another 6,000 tons of Eurobob E10 traded, with Litasco and ExxonMobil selling to Varo and TotalEnergies.

• U.S. gasoline stocks fell by 2 million barrels in the week to 234 million barrels, the Energy Information Administration said on Wednesday, compared with analysts' expectations in a Reuters poll for a 1.6 million-barrel draw.​

• U.S. retail sales surged in March as households boosted purchases of motor vehicles ahead of tariffs, though concerns about the economic outlook are hurting discretionary spending.

• U.S. President Donald Trump said late on Tuesday that the cost of all products including gasoline and groceries has been coming down as the U.S. takes in "record numbers" in tariffs.

• EU and UK gasoline and blending component exports to other regions are expected to reach 1.04 million barrels per day (bpd) in April, up from 873,000 bpd in March, Kpler data shows.