Europe Gasoline/Naphtha-Gasoline profit margins fall further

LONDON, June 25 (Reuters) - Northwest European gasoline profit margins fell on Wednesday, extending sharp losses from the previous session, as underlying crude prices rose and even as US inventories fell sharply.

• Profit margins stood at $14.43 a barrel on Wednesday, down from $15.69 a barrel in the previous session.

• A total of 1,000 metric tons of Eurobob E5 barges traded, as Gunvor and Exxon Mobil sold to Trafigura.

• No barges of Eurobob E10 changed hands on Wednesday.

• US gasoline stocks USOILG=ECI fell by 2.1 million barrels to 227.9 million barrels last week, compared with analysts' expectations in a Reuters poll for a 381,000-barrel build, the Energy Information Administration said on Wednesday.

• Gasoline supplied, a proxy for demand, rose 389,000 bpd last week to 9.7 million barrels per day, its highest since December 2021.

• EU and UK gasoline and blending component exports to other regions averaged 846,000 barrels per day (bpd) in June, lower than the 1.16 million bpd in May, Kpler data showed.

• Russia's expected offline primary oil refining capacity in June has been revised up by 5% from the previous plan to 3.22 million tons due to adjustments in maintenance plans, according to Reuters calculations based on data from industry sources.