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Europe Gasoline/Naphtha-Gasoline crack slips on higher inventories

ReutersOct 2, 2025 4:22 PM

- Northwest European gasoline profit margins fell by 82 cents to $17.16 a barrel on Thursday as regional inventories rose.

  • A total of 4,000 metric tons of Eurobob E5 barges traded, with Equinor and Glencore selling to Gunvor.

  • A total of 8,000 metric tons of E10 barges traded, as Shell sold to BP, Finco, and ExxonMobil.

  • Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by about 2% on the week, data from Dutch consultancy Insights Global showed on Thursday.

  • Gasoline stocks stood at 1.22 million metric tons, rising as blending activity picked up and despite an increase in exports on the previous week, Insights Global's Lars van Wageningen said.

  • US gasoline stocks USOILG=ECI rose by 4.1 million barrels last week to 220.7 million barrels, the Energy Information Administration said, compared with expectations in a Reuters poll for a 675,000-barrel build.

  • EU and UK gasoline exports to other regions reached 895,000 barrels per day (bpd) in September, according to Kpler data, up from 856,000 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)

$685 (4KT)

$702 (10KT)

Equinor, Glencore

Gunvor

Ebob Barges E10 Argus (fob ARA)

$676 (8KT)

$696.50 (assessed)

Shell

BP, Exxon, Finco

Nov. swap (fob ARA)

$625

$638.75

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

FOB MED + $15

Cargoes (cif NWE)

Naphtha

(cif NWE)

NAF-C-NWE

October - $3

October - $2

Ebob crack (per barrel)

$17.16

Prev. $17.98

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

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