Europe Gasoline/Naphtha-Gasoline refining margins jump in thin trade
LONDON, March 13 (Reuters) - Northwest European gasoline refinery profit margins rose sharply by nearly $7 to $9.53 a barrel on Friday in thin trading activity.
About 4,000 metric tons of E5 gasoline barges traded in the Argus window, with Trafigura selling to TotalEnergies and MB Energy.
No E10 gasoline barges traded on Friday.
Total oil product stocks held independently in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by about 2% on the week, data from Dutch consultancy Insights Global showed on Thursday.
Stocks stood at 5.77 million tons, the data showed.
Gasoline stocks fell by 2.7% to 1.36 million tons as exports slowed, Insights Global's Rick Veringmeier said.
| Trade | Bid | Offer | Prev. | Seller | Buyer |
Ebob Barges MOC Platts E5 (fob ARA)
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| $940 |
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Ebob Barges E10 Platts (fob ARA) |
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Ebob Barges Argus E5 (fob ARA) | $970 (4KT) |
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| $936.75 (6KT) | Trafigura | TotalEnergies, MB Energy |
Ebob Barges E10 Argus (fob ARA) | $967.00 on 3KT (assessed) |
|
| $943 (6KT) | ||
April swap (fob ARA) | $978.50 |
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| $952 | ||
Premium Unleaded (fob ARA)
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Cargoes (fob MED) |
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Cargoes (cif NWE) |
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Naphtha (cif NWE)
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Ebob crack (per barrel) | $9.53 | Prev. $2.46 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack |
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