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Europe Gasoline/Naphtha-Gasoline cracks rise nearly 12%

ReutersOct 28, 2025 6:19 PM

- Northwest European gasoline profit margins rose by about $1.96 a barrel, or 11.8%, to $18.54 on Tuesday, while India's Hindustan Petroleum issued a rare import tender.

  • A total of 2,000 metric tons of Eurobob E5 gasoline barges were traded as Glencore sold to Trafigura.

  • Another 4,000 tons of Eurobob E10 gasoline barges changed hands, with Shell selling to Varo.

  • India's Hindustan Petroleum issued two rare tenders to import 34,000 tons of gasoline and 65,000 tons of gasoil for early November delivery, two sources familiar with the matter said on Tuesday, after the company shut its continuous catalytic reformer after processing of contaminated oil.

  • Global oil refining profits have rallied to their heftiest in 20 months, boosted by robust diesel performance on a tightening outlook after the United States sanctioned two major Russian suppliers, analysts and trade sources said.

  • EU and UK gasoline and blending component exports to other regions have averaged 948,000 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)

$695.25 (2KT traded)

$692.25 (4KT)

Glencore

Trafigura

Ebob Barges E10 Argus (fob ARA)

$684 (4KT traded)

$685.20 (10KT)

Shell

Varo

Nov. swap (fob ARA)

$658.25

$664.75

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

Nov +$31 (Vasiliko)

Nov +$20 (Barcelona)

Nov +$34 (Augusta)

Cargoes (cif NWE)

Naphtha

(cif NWE)

NAF-C-NWE

November +$3

Ebob crack (per barrel)

$18.54

Prev. $16.58

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

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