Europe Gasoline/Naphtha-Gasoline refining margins fall
LONDON, Feb 11 (Reuters) - Northwest European gasoline refinery profit margins fell by 58 cents on Wednesday to about $9.25 a barrel.
About 10,000 tons of E5 gasoline barges traded in the Argus window on Wednesday as Equinor and Trafigura sold to TotalEnergies and Varo.
And a further 4,000 tons of Eurobob E10 gasoline barges traded as P66 sold to ExxonMobil.
Meanwhile, EU-27 and UK gasoline and blending component exports to other regions have averaged 460,000 barrels per day so far in February, against 885,000 bpd in January.
| 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) | $664 (10KT) |
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| $660.50 (4KT traded) | Trafigura, Equinor | TotalEnergies, Varo |
Ebob Barges E10 Argus (fob ARA) | $664.75 (4KT) |
|
| $660.50 (3KT assessed) | P66 | ExxonMobil |
Mar. swap (fob ARA) | $672 |
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| $669.75 | ||
Premium Unleaded (fob ARA) PU-10PP-ARA |
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Cargoes (fob MED) |
| Mar - $8 |
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Cargoes (cif NWE) |
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Naphtha (cif NWE) NAF-C-NWE |
Feb flat |
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Ebob crack (per barrel) | $9.25 | Prev. $9.83 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | RBc1-CLc1 | |
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