Europe Gasoline/Naphtha-Gasoline refining margins fall

LONDON, March 11 (Reuters) - Northwest European gasoline refinery profit margins fell by 75 cents to about $5.83 a barrel on Wednesday, as underlying crude prices rose owing to supply disruptions in the Middle East.

• About 4,000 metric tons of E5 gasoline barges traded in the Argus window, with ExxonMobil and Sahara selling to Trafigura.

• Another 14,000 metric tons of E10 gasoline barges traded in the Argus window, with Trafigura, P66, Trafigura and ExxonMobil selling to Varo and Shell.

• Oil prices gained nearly 4% on Wednesday as fresh attacks on ships in the Strait of Hormuz worsened supply disruption fears, and analysts said the International Energy Agency's proposal for a record release of oil reserves is inadequate to ease those fears.

• The IEA on Wednesday agreed to release 400 million barrels of oil, the largest such move in its history, to try to rein in crude prices which have soared due to supply shocks from the U.S.-Israeli war with Iran.

• EU-27 and UK gasoline and blending component exports to other regions have averaged 314,000 barrels per day in March, against about 841,000 bpd in February.