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Europe Gasoline/Naphtha-Gasoline crack spreads rise

ReutersOct 9, 2025 5:03 PM

- Northwest European gasoline profit margins rose by about $2.12 to $17.83 a barrel on Thursday, as inventories privately held in Amsterdam-Rotterdam-Antwerp (ARA) fell on the week.

  • A total of 1,200 metric tons of Eurobob E5 barges traded, which Equinor sold to Gunvor.

  • No Eurobob E10 barges traded on Thursday.

  • A 95 Ron gasoline cargo traded in North West Europe, with Gunvor selling Equinor a 9,000 ton cargo with October 19-23 dates at $768 per ton CIF Tees.

  • ARA gasoline stocks fell by 2.6% to 1.19 million tons over the week to Thursday, according to data from Dutch consultancy Insights Global.

  • The drop came as large export cargoes to the Americas and West Africa removed storage from ARA tanks, van Wageningen added. ARA/

  • The gasoline-producing fluid catalytic cracking unit (FCCU) remained shut on Wednesday night at Exxon Mobil's 612,000 barrel-per-day (bpd) Beaumont, Texas refinery, said people familiar with the plant's operations.

  • The gasoline unit at Nigeria's Dangote oil refinery is tentatively expected to restart on October 14 following maintenance, industry monitor IIR said on Thursday.

  • EU and UK gasoline exports to other regions averaged 720,000 barrels per day (bpd) in October so far, according to Kpler data, compared with 927,000 bpd in September.

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)

$698 (1.2KT traded)

$686.25-$690.25 (3.2KT)

Equinor

Gunvor

Ebob Barges E10 Argus (fob ARA)

$682 (assessed)

$680.50-$681.50 (4.2KT)

Nov. swap (fob ARA)

$639.50

$640.25

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

November +$23

Cargoes (cif NWE)

$768

Gunvor

Equinor

Naphtha

(cif NWE)

NAF-C-NWE

Balmo October -$2

November flat

Ebob crack (per barrel)

$17.83

Prev. $15.71

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

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