Europe Gasoline/Naphtha-Gasoline cracks edge up

LONDON, Nov 7 (Reuters) - Northwest European gasoline profit margins rose by 79 cents a barrel to $19.17 on Friday.

• A total of 10,000 metric tons of Eurobob E5 gasoline barges traded as Glencore, Gunvor and Sahara sold to Varo, BP, Shell and ExxonMobil.

• Another 11,000 tons of Eurobob E10 gasoline barges changed hands with Equinor and Gunvor selling to Exxon, Varo and BMV.

• Finnish petrol station chain Teboil, owned by Russia's Lukoil, is running out of fuel as U.S. sanctions against its parent company prevented it from doing business, daily Helsingin Sanomat reported on Friday, citing a Teboil spokesperson.

• Japan's industry ministry said it will temporarily raise gasoline and diesel subsidies from next week in an attempt to smooth the impact of planned tax cuts on the fuels.

• India's fuel demand in October hit its highest level since May data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed. Sales of gasoline, or petrol, totalled 3.67 million tons, up 8% from September and 7.6% higher year-on-year.​

• EU and UK gasoline and blending component exports to other regions averaged 899,000 barrels per day in October, Kpler data shows, compared with 947,000 bpd in September.

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