News: Europe Gasoline/Naphtha-Gasoline cracks hold steady

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    LONDON, April 22 (Reuters) - Northwest European gasoline refining margins held largely steady around $20.77 a barrel on Monday despite a large stock draw last week as crude oil also stayed roughly unchanged.

    • A total of 4,000 metric tons of Eurobob E10 traded, and another 4,000 metric tons of E5 traded.
    • European oil refinery output fell 4% in March from the previous month to 9.457 million barrels per day (bpd), but was nearly 1% higher than the same time last year, Euroilstock data showed on Monday.
    • European gasoline stocks stood at 110 million barrels in March, up 4.8% from February and up 1.9% year on year, the data showed.
    • Russia's weekly oil refining hit a near 11-month low due to flooding and a slowdown in repairs to plants that were hit by Ukrainian drone attacks, Bloomberg News reported on Monday.
    • Gasoline stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub dropped by over 13% during the week to April 18, the lowest since early February, data from Dutch consultancy Insights Global showed.
    • Gasoline stocks declined to 982,000 metric tons after strong exports to Brazil and Canada, Insights Global's Lars van Wageningen said.
    ​ 
    			Trade   Bid	  Offer	Prev.	Buyer	Seller 
     Ebob								 $919-$9			
    

    Barges 20 (4 MOC barges) Platts E5 (fob ARA) Ebob Barges E10 Platts(fo b ARA)

     Ebob	   $902					  $917	 Trafigu  Varo, 
     Barges	 (4KT)					 (9KT)	ra	   Totsa 
     Argus												   
    

    E5(fob AR)

     Ebob	   $908.2					$915.25  Shell	Varo 
     Barges	 5						 (6KT)			  
     E10 Argus  (4KT)										
    

    (fob AR) May swap $906.5 $914.25 (fob ARA) 0

     Premium					 $922	 $934-$9			
     Unleaded							 36 (5			  
    

    (fob ARA) barges)

     Cargoes			May +$6		   May +$6			
     (fob MED)							(fob			   
    
    									  Agioi			  
    									  Theodor			
    									  ori)			   
     Cargoes					 May +$7					 
    

    (cif NWE) Naphtha (cif NWE)

    Ebob crack (per barrel) $20.767 Prev. $20.738 Brent futures LCOc1 Rbob RBc1 Rbob crack RBc1-CLc1

 
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