Europe Gasoline/Naphtha-Gasoline cracks rebound
LONDON, Sept 24 (Reuters) - Northwest European gasoline profit margins rose more than 40 cents a barrel on Wednesday.
A total of 6,000 metric tons of Eurobob E5 barges were traded, with Sahara and Gunvor selling to Aramco and Trafigura.
E10 barges worth 8,000 tons traded, with P66 and Glencore selling to Varo and Aramco.
U.S. gasoline stocks USOILG=ECI fell by 1.1 million barrels in the week ended September 19 to 216.6 million barrels, the Energy Information Administration said on Wednesday, compared with analysts' expectations in a Reuters poll for a 150,000 barrel build.
EU and UK gasoline exports reached 884,000 barrels per day in September so far, according to Kpler data, higher than the 809,000 bpd exported in August overall.
| 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) | $720.75 (6KT) | $705.25 (8KT) | Sahara, Gunvor | Aramco, Trafigura | ||
Ebob Barges E10 Argus (fob ARA) | $723.25 (8KT) | $711.50 (6KT) | P66, Glencore | Varo, Aramco | ||
Oct. swap (fob ARA) | $693.75 | $689.25 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | ||||||
Cargoes (cif NEW) | ||||||
Naphtha (cif NEW) NAF-C-NWE | -$1.50 full October pricing | -$1 full October pricing |
Ebob crack (per barrel) | $16.87 | Prev. $16.33 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 | |
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