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Europe Gasoline/Naphtha-Gasoline profit margins rise

ReutersSep 16, 2025 5:01 PM

- Northwest European gasoline profit margins gained by 27 cents on Tuesday to $19.74.

  • A total of 16,000 metric tons of Eurobob E5 barges were traded, with Gunvor and Sahara selling to Aramco, MB Energy and Trafigura.

  • An additional 16,000 tons in total of E10 barges were traded, with Shell, Sahara and Gunvor selling to Varo, Exxon and Equinor.

  • China has issued 8.395 million metric tons of export quotas for gasoline, jet fuel and diesel in its third batch of allowances this year, three trade sources said.

  • Top global oil trader Vitol and North American fuel distributor Sunoco took delivery of the first U.S. import of gasoline from Nigeria's new Dangote refinery on Monday per sources and ship tracking data. A second cargo of gasoline from Dangote to the U.S. was sold by Glencore to Shell on the vessel MH Daisen, which is set to arrive in the New York Harbor area around September 19.

  • EU and UK gasoline exports reached 772,000 barrels per day (bpd) in September so far, according to Kpler data, compared to 867,000 bpd in August.

Trade

Bid

Offer

Prev.

Seller

Buyer

Ebob Barges MOC Platts E5

(fob ARA)

EUROBOB-ARA

$742.00

Ebob Barges E10 Platts (fob ARA)

Ebob Barges Argus E5 (fob ARA)

$731.50-$739.75 (16KT)

$731.50 (8KT)

Gunvor, Sahara

Aramco, MB Energy, Trafigura

Ebob Barges E10 Argus (fob ARA)

$738.00-$746.00(16KT)

$730.00 (4KT)

Shell, Gunvor, Sahara

Varo, Equinor, Exxon

Oct. swap (fob ARA)

$699.50

$689.25

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

Cargoes (cif NWE)

Naphtha

(cif NWE)

NAF-C-NWE

+$2 17-30 Sept pricing

Ebob crack (per barrel)

$19.74

Prev. $19.47

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

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