Europe Gasoline/Naphtha-Gasoline refining margins dip lower

Reuters
Feb 10
Europe Gasoline/Naphtha-Gasoline refining margins dip lower

LONDON, Feb 9 (Reuters) - Northwest European gasoline refinery profit margins fell on Monday, by 62 cents to about $8.35 a barrel.

  • About 6,000 tons of E5 gasoline barges traded on Argus, with BP selling to TotalEnergies.

  • No Eurobob E10 gasoline traded on barges in the Argus window on Monday.

  • Meanwhile, EU-27 and UK gasoline and blending component exports to other regions averaged 877,000 barrels per day in January, against 813,000 bpd in December.

Trade

Bid

Offer

Prev.

Seller

Buyer

Ebob Barges MOC Platts E5

(fob ARA)

EUROBOB-ARA

Ebob Barges E10 Platts (fob ARA)

Ebob Barges Argus E5 (fob ARA)

$652.75 (6KT traded)

$647 (16KT)

BP

TotalEnergies

Ebob Barges E10 Argus (fob ARA)

$658 (3KT Assessed)

$643.25 (6KT)

Mar. swap (fob ARA)

$669.75

$660

Premium Unleaded (fob ARA)

PU-10PP-ARA

Cargoes

(fob MED)

March -$8

Cargoes (cif NWE)

Naphtha

(cif NWE)

NAF-C-NWE

Ebob crack (per barrel)

$8.35

Prev. $8.97

Brent futures

LCOc1

Rbob

RBc1

Rbob crack

RBc1-CLc1

(Reporting by Robert Harvey; Editing by Tomasz Janowski)

((robert.harvey@thomsonreuters.com))

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