LONDON, April 26 (Reuters) - Northwest European diesel barge...

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    LONDON, April 26 (Reuters) - Northwest European diesel barge margins edged 14 cents lower on the day on Friday to about $16.16 a barrel, ending the week down by just over 5%.

    • In the Northwest European diesel barge window, a total of 12,500 metric tons of barges traded on Friday, up from 8,100 tons in the previous session.
    • European diesel margins are coming under pressure from high imports and lacklustre demand.
    • As much as 1.2 million barrels per day (bpd) of diesel and gasoil is due to arrive from east of Suez to the Atlantic Basin in April, according to Vortexa. That is up from 900,000 bpd in March.
    • "The rising flows are partly due to higher flows from Saudi Arabia and India, both historically large suppliers to Europe," said Jay Maroo, head of market intelligence and analysis at Vortexa.
    • Gasoil stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose 2.5% to 2.18 million tons in the week to Thursday, data from Dutch consultancy Insights Global showed. STK-GO-ARA
    • High imports from the Middle East helped offset a slight uptick in demand to drive stocks higher, Insights Global's Lars van Wageningen added.
    • Meanwhile, Russia's diesel and gasoline production stabilised in April, according to the government citing Energy Ministry data, while supplies to the domestic market were reported to exceed 2023 volumes.
    				Trades   Bids   Offers  Previous  Seller  Buyer 
    										Session			
     0.1 GO Barge			May							   
    

    diffs fob ARA -$20. per tonne 50

    GO-ED-ARA 0.1 GO Cargo May diffs cif NWE +$4 per tonne

    GO-CND-NWE 0.1 GO Cargo diffs cif Med per tonne

    GO-CND-MED 50ppm barge diffs fob ARA per tonne Diesel Trades Bids Offers Previous Seller Buyer

    										Session			
     Diesel barge   May -$1				 May -$1   Shell   BP, 
    
     diffs fob ARA  (12.5KT				 (8.1KT)		   Glenco 
     per tonne	  )										 re, 
     

    A> Diesel cargo diffs cif NW E per tonne Diesel cargo Med Med diffs cif Med -$0.5 +$2.50 per tonne 0

    DL-CIFD-MED Jet fuel Trades Bids Offers Previous Seller Buyer

    										Session			
     Jet fuel				FBH							   
    

    barge -$3 diffs fob FARAG per tonne

    JET-BD-ARA

     Jet fuel	   CCM -$3				 May	   Vitol   Unipec 
     cargo								  +$49.50			
    

    cif NEW per tonne

    JET-CD-NWE

     Fuel Oil	 Trades	 Bids	Offers  Previous  Seller  Buyer 
    										 Session			
     0.5% barge   $590.50					$577 (1   Totsa   OEI 
    

    fob ARA per (1 barge) barge) tonne 3.5% barge $485 (1 $479 (1 Gunvor Penin

     fob ARA per  barge)					 barge)			sula 
     tonne													  
    

    HFO-ARA ICE Low Sulphur Gasoil LGOc1 Previous

     Diesel ARA Barge		$16.16		   $16.30 
     Cracks vs Brent						   
    

    futures (per barrel) Diesel spread LGOc1-LGOc2

 
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