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Europe Gasoline/Naphtha-Gasoline cracks dip

ReutersOct 30, 2025 5:33 PM

- Northwest European gasoline profit margins dipped by about $1.91 a barrel to $16.44 on Thursday despite a fall in stockpiles.

  • A total of 19,000 metric tons of Eurobob E5 gasoline barges were traded as Exxon and Glencore sold to Trafigura, Varo and TotalEnergies.

  • Another 6,000 tons of Eurobob E10 gasoline barges in total changed hands with Trafigura selling to BP and Varo.

  • Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by around 8% on the week, data from Dutch consultancy Insights Global showed on Thursday.

  • Lukoil LKOH.MM said on Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia's second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.

  • Meanwhile, a ship carrying Russian naphtha has been stuck off India's western coast, unable to unload, since October 26 after U.S. sanctions on two key suppliers disrupted Indian oil and fuel imports, traders said and shipping data confirmed.​

  • EU and UK gasoline and blending component exports to other regions have averaged 1.01 million bpd in October, according to preliminary Kpler data, compared with 928,000 bpd in September, making this month's exports potentially the highest since May this year.

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)

$679-$690.5 (19KT)

$699.50 (10KT)

Glencore, ExxonMobil

Trafigura, TotalEnergies, Varo

Ebob Barges E10 Argus (fob ARA)

$676-$677.50(6KT)

$694 (3KT)

Trafigura

Varo, BP

Nov. swap (fob ARA)

$659.50

$667

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

Nov full month +$20

Nov +$29 (Vasiliko)

TotalEnergies

BGN

Cargoes (cif NWE)

Naphtha

(cif NWE)

NAF-C-NWE

+$3 full Nov pricing

+$3.5 1-20 Nov pricing

Ebob crack (per barrel)

$16.44

Prev. $18.35

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

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