Europe Gasoline/Naphtha-Gasoline cracks jump

LONDON, Nov 10 (Reuters) - Northwest European gasoline profit margins rose by $2.11 a barrel to $21.25 on Monday, their highest since May 2024.

• A total of 9,000 metric tons of Eurobob E5 gasoline barges traded as Equinor, Gunvor, Sahara and Aramco sold to Varo, Shell and Garant ST.

• Another 8,000 tons of Eurobob E10 gasoline barges changed hands with Gunvor and Equinor selling to Varo and ExxonMobil.

• Indonesia's Pertamina reissued two spot tenders last week to buy up to 150,000 barrels of 92-octane grade gasoline for mid-November delivery, two trade sources said on Monday.

• Pertamina also said it has initiated the start-up of the residual fluid catalytic cracking (RFCC) unit at its Balikpapan refinery, which was undertaken to increase its refining capacity to 360,000 barrels per day from 260,000 bpd

• China oil major PetroChina will shut its entire Yunnan petrochemical plant for maintenance from November 15, 2025, to January 15, 2026, the company said in a statement. It has a crude capacity of 13 million metric tons per year.

• Lukoil LKOH.MM declared force majeure at its Iraqi oil field, sources told Reuters on Monday, and Bulgaria was poised to seize its Burgas refinery, as the Russian company's international operations buckled under the strain of U.S. sanctions.

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