Europe Gasoline/Naphtha-Gasoline refining profit margins fall
LONDON, Dec 18 (Reuters) - Northwest European gasoline refinery profit margins fell by about 98 cents to $8.87 a barrel on Friday.
About 6,000 metric tons of Eurobob E5 gasoline traded on barges as ExxonMobil and Trafigura sold to BP and ATL.
Another 4,000 tons of Eurobob E10 gasoline barges traded in the session, as Exxon was on the sell side, and Varo was the only buyer.
Meanwhile, EU-27 and UK gasoline exports to other regions have averaged 606,000 barrels per day so far this month down from 932,000 bpd across the full month of November.
| Trade | Bid | Offer | Prev. | Seller | Buyer |
Ebob Barges MOC Platts E5 (fob ARA) EUROBOB-ARA |
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Ebob Barges E10 Platts (fob ARA) |
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Ebob Barges Argus E5 (fob ARA) | $581.25 (6KT) | $587.25 (10KT) | Exxon, Trafigura | BP, ATL | ||
Ebob Barges E10 Argus (fob ARA) | $583.25 (4KT) | $585.75 (10KT) | Exxon | Varo | ||
Jan. swap (fob ARA) | $592 | $591 | ||||
Premium Unleaded (fob ARA) PU-10PP-ARA |
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Cargoes (fob MED) | Jan +$2 | Trafigura | Vitol | |||
Cargoes (cif NWE) |
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Naphtha (cif NWE) NAF-C-NWE |
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Ebob crack (per barrel) | $8.87 | Prev. $9.85 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 | |
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