Europe Gasoline/Naphtha-Gasoline crack falls on higher inventories
LONDON, Oct 3 (Reuters) - Northwest European gasoline profit margins fell by $1.24 to $16.20 a barrel on Friday as regional inventories rose.
A total of 5,200 metric tons of Eurobob E5 barges traded, with Equinor and Glencore selling to Gunvor and TotalEnergies.
No E10 barges traded.
Chevron's 285,000-barrel-per-day El Segundo refinery in Southern California was mostly down on Friday after a large fire erupted in a jet fuel production unit, disrupting supply in the Golden State's isolated energy market.
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.
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) | $680.25 (5.2KT) | $685 (4KT) | Equinor, Glencore | Gunvor, TotalEnergies | ||
Ebob Barges E10 Argus (fob ARA) | $671.25 (assessed) | $676 (8KT) | ||||
Nov. swap (fob ARA) | $627.25 | $625 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | ||||||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) NAF-C-NWE |
Ebob crack (per barrel) | $16.20 | Prev. $17.44 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 | |
Related Articles
TSMC Q3 Earnings Preview: Record Revenue Is a Lock, but an Upgraded Outlook Could Be the Real Catalyst
TradingKey - Global semiconductor foundry leader Taiwan Semiconductor Manufacturing Company (TSMC, TSM) will report its Q3 2025 earnings on Thursday, October 16, before U.S. markets open. With record-breaking revenue already confirmed by monthly reports, analysts expect record profits and
What Is the Debasement Trade? Markets Have Picked Three Winners and One Loser
TradingKey - Since October, as the U.S. dollar, yen, and euro weaken, while gold, silver, and Bitcoin surge to new highs, Wall Street has embraced a powerful new investment narrative: the “Debasement Trade.” This term captures the extraordinary shift of capital from traditional currencies and
UK August GDP: Economy & Assets—Set to Collapse?
TradingKey - The UK is scheduled to release its August GDP figures on 16 October, with the market widely anticipating a 0.1% month-on-month increase in real GDP (Figure 1). If this expectation is fulfilled, it will represent the UK economy’s third consecutive month of recovery, following two straigh
U.S. Banks Q3 Earnings Preview: Big 5 Banks See Double-Digit EPS Growth, Investment Banking Hits 4-Year High
TradingKey - The 2025 U.S. earnings season kicks off this week with results from major banks. Amid elevated investor sentiment and the Trump administration pushing for deregulation, analysts expect another strong quarter for the banking sector — driven by booming trading activity and a resurgence
FOMC October Meeting Minutes: How Should Investors Respond?
In the context of the U.S. government shutdown and a period of limited economic data, the Federal Reserve’s release of its latest monetary policy meeting minutes and officials’ statements on 8 October will be particularly significant.
