Europe Gasoline/Naphtha-Gasoline cracks rise

LONDON, Nov 5 (Reuters) - Northwest European gasoline profit margins were up $2.34 a barrel at $17.93 on Wednesday after U.S. gasoline stockpiles fell more than expected.

• A total of 6,000 metric tons of Eurobob E5 gasoline barges traded as Gunvor and Sahara sold to ExxonMobil and MB Energy.

• Another 5,000 tons of Eurobob E10 gasoline barges changed hands with Gunvor selling to Exxon.

• U.S. gasoline stocks USOILG=ECI dropped by 4.7 million barrels to 206 million barrels, the Energy Information Administration said, compared with analyst expectations in a Reuters poll for a draw of 1.1 million barrels. EIA/S​

• The European gasoline market has been tight, with blenders filling supply gaps left from refinery decommissioning this year, said Sparta analyst Philip Jones-Lux. However, the shift towards winter, along with the return of Shell's Pernis refinery, should weaken E10 blend margins. ​

• EU and UK gasoline and blending component exports to other regions averaged 885,000 barrels per day in October, Kpler data shows, compared with 950,000 bpd in September.

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