Europe Gasoline/Naphtha-Gasoline profit margins edge up

LONDON, July 29 (Reuters) - Northwest European gasoline profit margins gained about 19 cents to $11.61 a barrel on Tuesday.

• A total of 4,000 metric tons of Eurobob E5 gasoline barges traded, with Trafigura selling to Aramco.

• An additional 4,000 tons of Eurobob E10 barges traded as Gunvor sold to Trafigura.

• Russia-backed Indian refiner Nayara Energy has reduced operations at its 400,000-barrel-per-day refinery in the aftermath of new European Union sanctions that targeted the firm, five sources familiar with the matter told Reuters.

• The refinery was running at between 70% and 80% of capacity. At 100% capacity, it typically exports at least four million barrels of refined products each month including gasoline.

• Russia on Monday imposed a temporary ban on gasoline exports by oil companies until August 31, aimed at keeping the domestic market stabilised during a period of high seasonal demand and ensuring sufficient fuel supplies for Russian farmers.

• EU and UK gasoline and blending component exports to other regions averaged 934,000 barrels per day (bpd) in July, higher than the 915,000 bpd in June, Kpler data showed.