LONDON, Aug 13 (Reuters) - Northwest European gasoline profit margins edged lower by 14 cents to $16.90 a barrel on Wednesday despite a draw in U.S. stockpiles of the motor fuel.
A total of 6,000 metric tons of Eurobob E10 barges traded in the session, with Sahara Energy and Shell selling to Trafigura and MG Energy.
Meanwhile, no E5 barges traded on the day.
U.S. gasoline stockpiles fell last week, the Energy Information Administration said on Wednesday, going down 792,000 barrels in the week. Analysts expected a 693,000-barrel draw in a Reuters poll.
EU and UK gasoline and blending component exports to other regions averaged 512,000 bpd in August, compared to 971,000 bpd in July, 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) | $689.50 (3KT assessed) | $698.50 (3KT assessed) | ||||
Ebob Barges E10 Argus (fob AR) | $680.25-$685.50 (6KT) | $692.50 (3KT assessed) | Sahara Energy, Shell | Trafigura, MG Energy | ||
Sept. swap (fob ARA) | $669.25 | $677.75 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | Aug balmo +$7 | |||||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) NAF-C-NWE | +$2 with 14-31 August pricing | +$8 with 14-20 August pricing | Flat with 14-31 August pricing | +$3 with 13-20 August pricing |
Ebob crack (per barrel) | $16.90 | Prev. $17.04 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 |