Europe Gasoline/Naphtha-Gasoline crack spreads edge higher
LONDON, Oct 1 (Reuters) - Northwest European gasoline profit margins rose by 26 cents to $17.98 a barrel on Wednesday, as underlying crude futures fell.
A total of 10,000 metric tons of Eurobob E5 barges traded, with Equinor and Glencore selling to TotalEnergies.
A total of 2,000 metric tons of E10 barges traded, as Phillips 66 sold to TotalEnergies.
Nigeria's oil workers union has agreed to call off a strike after a meeting with the management of Dangote Petroleum and government officials, the country's labour ministry said. The strike was called after the Dangote refinery-Africa's largest with a crude processing capacity of 650,000 barrels per day - dismissed more than 800 unionised staff.
EU and UK gasoline exports to other regions reached 877,000 barrels per day (bpd) in September so far, according to Kpler data, compared with 805,000 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) | $702 (10KT) | $711.75 assessed | Equinor, Glencore | TotalEnergies | ||
Ebob Barges E10 Argus (fob ARA) | $696.50 (assessed) | $696 (8KT) | P66 | TotalEnergies | ||
Oct. swap (fob ARA) | $638.75 | $686.25 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | FOB MED + $15 | |||||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) NAF-C-NWE | October - $3.50 | October -$4 |
Ebob crack (per barrel) | $17.98 | Prev. $17.72 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 | |
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