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Europe Gasoline/Naphtha-Gasoline cracks inch up

ReutersSep 18, 2025 4:45 PM

- Northwest European gasoline profit margins rose 27 cents to $20.23 a barrel on Thursday on low stocks and supply.

  • A total of 5,500 metric tons of Eurobob E5 barges were traded, with Gunvor and Sahara selling to BP, Trafigura and Exxon.

  • An additional 4,000 tons of E10 barges were traded in total, with Gunvor selling to Equinor.

  • Gasoline stocks held independently in the Amsterdam-Rotterdam-Antwerp refining and storage hub stood at 1.16 million metric tons, or 1.5% lower from last week, data from Dutch consultancy Insights Global showed. ARA/

  • Ukraine said its drones had struck a major oil processing and petrochemical complex and an oil refinery in Russia, part of an intensifying campaign to disrupt Moscow's oil and gas sector.

  • Parts of Russia have been suffering from gasoline shortages as a result.

  • China's exports of gasoline stood at 850,000 tons in August, up 10% year-on-year. From January to August, China exported 5.67 million tons of gasoline, down 12.5% from the same period last year.

  • EU and UK gasoline exports reached 859,000 barrels per day in September so far, according to Kpler data, compared with 863,000 bpd in August.

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 ARA)

$735.50-$736.50 (5.5KT)

$743 (6KT)

Gunvor, Sahara

BP, Trafigura, Exxon

Ebob Barges E10 Argus (fob ARA)

$735.00 (4KT)

$743 (3KT; 1KT assessed)

Gunvor

Equinor

Oct. swap (fob ARA)

$689.00

$696.25

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

Cargoes (cif NWE)

Naphtha

(cif NWE)

NAF-C-NWE

October flat

Ebob crack (per barrel)

$20.23

Prev. $20.50

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

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