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Europe Gasoline/Naphtha-Gasoline profit slide on waning demand

ReutersAug 26, 2025 4:09 PM

- Northwest European gasoline profit margins fell sharply by nearly $2 to $15.61 a barrel on Tuesday, as trading activity dried up.

  • Gunvor sold the only Eurobob E5 barge in the session to Trafigura.

  • An additional 12,000 metric tons of Eurobob E10 barges traded, with Shell and Gunvor selling to Equinor, MB Energy and Varo.

  • Road fuel deliveries in France fell by 4.6% year-on-year in July to 4.39 million cubic metres, and were 2.6% lower than June levels, data published in CPDP's monthly consumption report showed.

  • Gasoline deliveries were up 3.5% year-on-year in July.

  • BP's BP.L 440,000 barrel per day (bpd) refinery in Whiting, Indiana, is expected to be fully operational in the next 24 to 48 hours, industry monitor IIR said on Monday.

  • The refinery experienced operational upsets last week due to flooding caused by a severe thunderstorm that swept through the state.

  • EU and UK gasoline and blending component exports to other regions averaged 844,000 bpd in August so far, compared with 1 million bpd in July, Kpler data showed.

Trade

Bid

Offer

Prev.

Seller

Buyer

Ebob Barges MOC Platts E5

(fob ARA)

EUROBOB-ARA

$702

Ebob Barges E10 Platts (fob ARA)

Ebob Barges Argus E5 (fob AR)

$697.75 (2KT)

$716.50-$717.50 (5KT)

Gunvor

Trafigura

Ebob Barges E10 Argus (fob AR)

$701 (12KT)

$707.25-$708.25 (4KT)

Shell, Gunvor

Equinor, Varo, MB Energy

Sept. swap (fob ARA)

$689.75

$698.75

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

Cargoes (cif NWE)

Naphtha

(cif NWE)

NAF-C-NWE

Sept +$1

Aug +$3; Sept +$4

Ebob crack (per barrel)

$15.61

Prev. $17.47

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

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