Europe Gasoline/Naphtha-Gasoline refining margins rise, U.S. stocks fall

LONDON, April 1 (Reuters) - Northwest European gasoline refinery profit margins rebounded on Wednesday to $18.19 a barrel, as crack spreads moved to the new June Brent contract, while U.S. gasoline inventories fell last week, according to the Energy Information Administration.

• A total of 24,000 metric tons of E5 gasoline barges traded in the Argus window, with BP, Equinor and ExxonMobil selling to TotalEnergies.

• An additional 4,000 tons of E10 gasoline barges traded in the session, which ExxonMobil sold to Varo.

• U.S. gasoline stocks fell by 0.6 million barrels in the week to 240.9 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.9 million-barrel draw.​

• EU-27 and UK gasoline and blending component exports to other regions averaged 905,000 barrels per day in March, against 872,000 bpd in February, according to data from analytics firm Kpler.