Europe Gasoline/Naphtha-Gasoline cracks inch higher
LONDON, Oct 13 (Reuters) - Northwest European gasoline profit margins gained around 18 cents to $16.62 a barrel on Monday.
A total of 5,000 metric tons of Eurobob E5 barges traded, with Equinor and BP selling to Gunvor and Trafigura.
No Eurobob E10 barges traded in the window.
Russian Finance Minister Anton Siluanov said on Monday that he was confident that gasoline shortages at filling stations will soon be overcome.
Prices of the fuel have risen by nearly 10.2% since the start of the year in the country due to a spate of Ukrainian drone attacks on Russian oil refineries.
Russia's seaborne oil product exports fell 17.1% in September from August due to less fuel production as various refineries were impacted by drone attacks, data from industry sources and Reuters calculations showed.
China's refinery utilisation rates in September climbed to the year's highest, with relatively high levels of daily gasoline output.
EU and UK gasoline exports to other regions averaged 631,000 bpd in October so far, according to Kpler data, compared with 912,000 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) | $670.25-$672.00 (5KT) | $665 (4KT) | Equinor, BP | Trafigura, Gunvor | ||
Ebob Barges E10 Argus (fob ARA) | $667.00 (3kKT assessed) | $662.25 (3KT assessed) | ||||
Nov. swap (fob ARA) | xxxxxx | $620.50 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA | ||||||
Cargoes (fob MED) | Nov + $31 | Trafigura | BGN | |||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) NAF-C-NWE | -$1 with full Nov pricing | +$1 with 14-31 Nov pricing |
Ebob crack (per barrel) | $16.62 | Prev. $16.44 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 | |
Related Articles
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
U.S.–China Tariff Easing Sparks Crypto Rebound — Can Bitcoin Reclaim Its Peak?
The U.S. signals a softer stance on tariffs, helping Bitcoin reverse losses. Rate cut expectations may push BTC back toward $126,000.
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.
Broadcom Q3 FY2025 Earnings Review: AI Surge and VMware Synergy Fuel Record Performance
TradingKey - Broadcom Inc. (NASDAQ: AVGO) delivered a strong fiscal Q3 2025, with results driven by AI networking strength and continued VMware integration. Revenue and EPS both topped expectations, reinforcing the company’s role as an essential player in the AI infrastructure buildout.
