LONDON, July 22 (Reuters) - Northwest European gasoline profit margins were down by 43 cents a barrel on Tuesday at $13.31.
A total of 10,000 metric tons of Eurobob E5 gasoline barges traded, with BP and Trafigura selling to Shell and Aramco.
An additional 14,000 tons of Eurobob E10 barges traded with TotalEnergies and BP selling to Varo, ExxonMobil, MB Energy and Shell.
Gasoline cars were banned from ride-hailing platforms in Beijing as of July 20, Auto Review, the official media outlet of the China Association of Automobile Manufacturers, reported on Tuesday.
Meanwhile in the U.S., gasoline prices could fall below $3 a gallon this summer for the first time in over four years as a stretch of bad weather events dampens fuel demand and a jump in imports fills inventories.
EU and UK gasoline and blending component exports to other regions averaged 894,000 barrels per day (bpd) in July so far, lower than the 917,000 bpd in June, 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) | $683.50-$689.75 (10KT) | $695.00-$698.00 (14KT) | Trafigura, BP | Shell, Aramco | ||
Ebob Barges E10 Argus (fob AR) | $683.75-$685.25 (14KT) | $693.00 (8KT) | TotalEnergies, BP | Varo, ExxonMobil, MB Energy, Shell | ||
August swap (fob ARA) | $678.00 | $687.00 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | +$9 with full August pricing | Trafigura | Aramco | |||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) NAF-C-NWE | -$2 with 1-15 August pricing |
Ebob crack (per barrel) | $13.31 | Prev. $13.74 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 |