Europe Gasoline/Naphtha-Gasoline profit margins inch lower
LONDON, May 27 (Reuters) - Northwest European gasoline profit margins fell 10 cents to $15.16 a barrel on Tuesday.
A total of 5,000 metric tons of Eurobob E5 barges traded in the Argus window with Litasco and Trafigura selling barges to Varo, Shell and BP.
19,000 tons of Eurobob E10 barges traded as well, with Gunvor and Shell selling to Trafigura, BP, Varo and Litasco.
EU and UK gasoline and blending component exports to other regions are expected to reach 1.08 million barrels per day (bpd) in May, down from levels in April of around 1.12 million bpd, Kpler data showed.
| 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) | $668.25 (5KT) | $671.50(13.4 KT) | Trafigura, Litasco | Shell, BP, Varo | ||
Ebob Barges E10 Argus (fob AR) | $671.26 (19KT) | $675 (10KT) | Gunvor, Shell | Trafigura, Varo, BP, Litasco | ||
June swap (fob ARA) | $659.75 | $674.25 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | ||||||
Cargoes (cif NWE) | June+$10; June+$9 | |||||
Naphtha (cif NWE) NAF-C-NWE | June flat | June+$6 |
Ebob crack (per barrel) | $15.16 | Prev. $15.26 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 | |
Related Articles
Alibaba – the Poster child of the Chinese AI Revolution
TradingKey - In the beginning of the year, Alibaba ADR at the New York Stock Exchange was traded at $84.95. AS of September 25th, the price is already $176.44, or more than double – a remarkable rally that doubled the price within less than ten months.
Carnival’s Q3 2025 Earnings Preview: Can Strong Demand and Celebration Key Drive Valuation Higher?
TradingKey - Fueled by robust consumer demand for cruise travel, Carnival has hit all-time highs in several key metrics, including revenue, yield, and customer deposits. Its stock has performed strongly in 2025, with a year-to-date gain exceeding 20% and a nearly 70% increase over the past 12 months
U.S. August PCE Preview: Four-Run PCE Bounce Challenges the Fed’s Three-Cut Plan
TradingKey - The U.S. Bureau of Economic Analysis (BEA) will release the August Personal Consumption Expenditures (PCE) Price Index on Friday, September 26, with markets closely watching how much tariff pass-through effects have influenced inflation.
U.S. August PCE: Inflation Remains the Market's Greatest Risk
Our baseline forecast anticipates sustained asset price increases. However, if inflation surpasses market expectations in the coming months, it could hinder further rate cuts and pose the greatest risk to financial markets.
Memory Giant Micron Delivers Stellar Q4 FY2025 with Explosive DRAM and HBM Growth
TradingKey - Micron Technology, Inc. (NASDAQ: MU) delivered a stellar Q4 FY2025 earnings report, exceeding expectations on revenue, earnings, and margins. The company reported total revenue of $11.32 billion, up 46% YoY and 22% sequentially, surpassing the consensus forecast of $11.1 billion.
