Europe Gasoline/Naphtha-Gasoline profit margins dip
LONDON, July 11 (Reuters) - Northwest European gasoline profit margins fell by over $2 on Friday to $13.32.
A total of 8,000 tons on Eurobob E5 barges traded, with Trafigura and BP selling to TotalEnergies and Aramco.
The Interfax news agency quoted Russia's Deputy Prime Minister Alexander Novak saying the government was still discussing a possible complete gasoline export ban and that the decision depended on market prices in the next few days.
EU and UK gasoline and blending component exports to other regions averaged 576,000 barrels per day (bpd) in July so far, higher than the 902,000 bpd in June, Kpler data showed.
| Trade | Bid | Offer | Prev. | Seller | Buyer |
Ebob Barges MOC Platts E5 (fob ARA) EUROBOB-ARA | $701.00 | |||||
Ebob Barges E10 Platts (fob ARA) | ||||||
Ebob Barges Argus E5 (fob AR) | $690.00-$691.50 (8KT) | $701.00-$712.50 (12KT) | Trafigura, BP | Aramco, TotalEnergies | ||
Ebob Barges E10 Argus (fob AR) | $707.25 (3KT assessed) | $700.50-$712.00 (16KT) | ||||
August swap (fob ARA) | $699.50 | $690.25 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | Balmo+$8 | |||||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) NAF-C-NWE |
Ebob crack (per barrel) | $13.32 | Prev. $15.44 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 | |
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