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Europe Gasoline/Naphtha-Gasoline refining profit margins gain

ReutersDec 23, 2025 5:24 PM

- Northwest European gasoline refinery profit margins gained 56 cents to $9.18 a barrel on Tuesday.

  • About 10,000 metric tons of Eurobob E5 gasoline traded on barges as ExxonMobil and BP sold to MB Energy.

  • Another 11,000 tons of Eurobob E10 gasoline barges traded in the session, as TotalEnergies and BP were on the sell side, and Varo was the only buyer.

  • In the Platts window, Gunvor sold E5 barges to Varo.

  • The German government has extended job security for workers at the PCK Schwedt oil refinery until the end of June next year, the economy and finance ministries said on Tuesday.

  • Meanwhile, EU-27 and UK gasoline exports to other regions have averaged 701,000 barrels per day so far this month, down from 897,000 bpd across the full month of November.

Trade

Bid

Offer

Prev.

Seller

Buyer

Ebob Barges MOC Platts E5

(fob ARA)

EUROBOB-ARA

$605

Gunvor

Varo

Ebob Barges E10 Platts (fob ARA)

Ebob Barges Argus E5 (fob ARA)

$598.75 (10KT)

$591.25-596.25 (6KT)

ExxonMobil, BP

MB Energy, BP

Ebob Barges E10 Argus (fob ARA)

$598.50 (11KT)

$593.50 (7KT)

TotalEnergies, BP

Varo

Jan. swap (fob ARA)

$603.25

$601

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

Cargoes (cif NWE)

Naphtha

(cif NWE)

NAF-C-NWE

Ebob crack (per barrel)

$9.18

Prev. $8.62

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

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