tradingkey.logo

Europe Gasoline/Naphtha-Gasoline refining profit margins soften

ReutersDec 29, 2025 5:02 PM

- Northwest European gasoline refinery profit margins fell 42 cents to $9.26 a barrel on Monday despite lower regional inventories.

  • About 14,000 metric tons of Eurobob E5 gasoline traded on barges in the Argus window as ExxonMobil sold to Shell and BP.

  • In the Platts window, Gunvor sold a barge to a Varo.

  • Another 4,000 tons of Eurobob E10 gasoline barges traded in the session, with Gunvor and BP selling to Varo.

  • Refined oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by nearly 4% in the week to December 25, data from Dutch consultancy Insights Global showed on Monday.

  • Total stocks stood at 5.77 million metric tons, the data showed.

  • Gasoline stocks fell 10% to about 1.1 million tons on firm export activity to West Africa, Insights Global's Lars van Wageningen said.

  • Meanwhile, EU-27 and UK gasoline exports to other regions have averaged 738,000 barrels per day so far this month, down from 943,000 bpd across the full month of November.

Trade

Bid

Offer

Prev.

Seller

Buyer

Ebob Barges MOC Platts E5

(fob ARA)

EUROBOB-ARA

$604

$605

Gunvor

Varo

Ebob Barges E10 Platts (fob ARA)

Ebob Barges Argus E5 (fob ARA)

$598 (14KT)

$605.25-$606.25 (22KT)

Exxon

BP, Shell

Ebob Barges E10 Argus (fob ARA)

$600 (4KT)

$600.50 (4KT)

Gunvor, BP

Varo

Jan. swap (fob ARA)

$603.25

$608.75

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

Jan +$3

Cargoes (cif NWE)

Naphtha

(cif NWE)

NAF-C-NWE

Jan +$4

Ebob crack (per barrel)

$9.26

Prev. $9.68

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI