LONDON, July 31 (Reuters) - Northwest European gasoline profit margins rose 85 cents to $13.02 a barrel on Thursday, buoyed by stockdraws on both sides of the Atlantic.
A single 2,000 metric ton barge of Eurobob E5 gasoline traded, with Trafigura selling to BP.
An additional 11,000 tons of Eurobob E10 barges traded as Trafigura and Gunvor sold to MB Energy and Varo.
Trafigura sold a cargo to Vitol for Augusta loading.
Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell 3.8% on the week to 1.17 million metric tons, data from Dutch consultancy Insights Global showed on Thursday.
Meanwhile, U.S. gasoline stocks USOILG=ECI fell by 2.7 million barrels in the week to 228.4 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 0.6 million-barrel draw, the Energy Information Administration said on Wednesday.
EU and UK gasoline and blending component exports to other regions averaged 920,000 barrels per day (bpd) in July, broadly steady from June levels, Kpler data showed.
| Trade | Bid | Offer | Prev. | Seller | Buyer |
Ebob Barges MOC Platts E5 (fob ARA) EUROBOB-ARA | $722 | $730 (2KT) | ||||
Ebob Barges E10 Platts (fob ARA) | ||||||
Ebob Barges Argus E5 (fob AR) | $722.75 (2KT) | $718.25 (4KT) | Trafigura | BP | ||
Ebob Barges E10 Argus (fob AR) | $716.75 (11KT) | $715.75 (9KT) | Trafigura, Gunvor | Varo, MB Energy | ||
August swap (fob ARA) | $712.75 | $720.50 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | Aug +$2 | Trafigura | Vitol | |||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) NAF-C-NWE |
Ebob crack (per barrel) | $13.02 | Prev. $12.17 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 |