LONDON, April 23 (Reuters) - Northwest European gasoline...

  1. 186,774 Posts.
    lightbulb Created with Sketch. 2746

    LONDON, April 23 (Reuters) - Northwest European gasoline refining margins fell nearly 8% to $19.16 a barrel on Tuesday as underlying crude prices strengthened, though buoyant export activity capped losses.

    • A total of 14,000 metric tons of Eurobob E10 traded, and another 7,000 metric tons of E5 traded. Both trade volumes were higher than the previous session.
    • Trafigura and Varo sold the E5 barges to Varo, while Gunvor and Shell sold E10 to Varo and Trafigura.
    • Musket bought five premium unleaded barges from Varo.
    • European gasoline exports in April are on track to reach 1.18 million barrels per day, Kpler data showed, higher than March's 1.06 million bpd.
    • Russia's Orsk oil refinery resumed full operations early on Tuesday after flooding in the region caused a two-week suspension, two sources close to the matter told Reuters.
    			Trade   Bid	  Offer	Prev.	Buyer	Seller 
     Ebob													
    

    Barges MOC Platts E5 (fob ARA) Ebob Barges E10 Platts(fo b ARA)

     Ebob								 $902	 Trafigu  TotalEn 
     Barges	 $901.7					(4KT)	ra,	  ergies 
     Argus	  5								  Varo	  
     E5(fob	 (7KT)										
    

    AR) Ebob $908.25 Gunvor, Varo,

     Barges	 $897					  (4KT)	Shell	Trafigu 
     E10 Argus  (14KT)									  ra 
    

    (fob AR) May swap $908.5 $906.50 (fob ARA) 0

     Premium	$925							   Varo	 Musket 
     Unleaded   (5										   
    

    (fob ARA) barges Cargoes May (fob MED) +$10 Cargoes (cif NWE) Naphtha (cif NWE) May

    Ebob crack (per barrel) $19.16 Prev. $20.767 Brent futures LCOc1 Rbob RBc1 Rbob crack RBc1-CLc1

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.