News: Europe Distillates-Diesel refining hold above $20/bbl

LONDON, July 4 (Reuters) - Northwest European diesel barge refining margins were broadly steady at about $20.25 a barrel on Thursday, as buying activity improved and regional stocks moved sideways.

• Nine diesel barges traded in the Platts window, up from four on Wednesday. ExxonMobil and Shell sold to Glencore, Unipec and Mabanaft.
• Independently held gasoil stocks in storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub were largely steady in the week to Thursday at 2.18 million metric tons, data from Dutch consultancy Insights Global showed.
• "Various measures of gasoil strength in Europe have gained further ground over the past few weeks," said Sparta Commodities analyst Neil Crosby.
• "Some refinery disruptions in Europe and French strikes are also underpinning the more bullish trend," he added.
• U.S. distillate stockpiles USOILD=ECI , which include diesel and heating oil, fell by 1.5 million barrels in the week to June 28 to 119.7 million barrels, versus expectations for a 1.2 million-barrel drop, the EIA data showed.
• A coker at LyondellBasell Industries' LYB.N 263,776 barrel-per-day Houston refinery was operating at a reduced production level following a fire on Tuesday, said people familiar with plant operations.

				Trades  Bids	Offers  Previou  Seller   Buyer 
										s				  
										Session			
 0.1 GO Barge				   July					   

diffs fob ARA -$10 per tonne

GO-ED-ARA 0.1 GO Cargo diffs cif NWE per tonne

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

GO-CND-MED 50ppm barge July July Jul -$8

 diffs fob ARA		  -$9	 -$6						
 per tonne												 

Diesel Trades Bids Offers Previou Seller Buyer

										s				  
										Session			
 Diesel barge   July					July	 Exxon	Glenco 
 diffs fob ARA  -$0.50				  -$1.25   Mobil,   re, 

 per tonne	  -$1 (9				  (4	   Shell	Mabana 
 			 )										 Unipec 
 Diesel cargo				   July					   

diffs cif NWE +$11.5 per tonne 0 Diesel cargo diffs cif Med per tonne

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

										s				  
										Session			
 Jet fuel	   August						   KLM	  Shell 
 barge		  +$49									   

diffs fob FARAG per tonne

JET-BD-ARA

 Jet fuel			   CCM	 July +					 
 cargo				  -$2	 $54						
 cif NEW per											   

tonne

JET-CD-NWE

Fuel Oil Trades Bids Offers Previous Seller Buyer

									  Session			
 0.5% barge   $578-$5				 $577-578  Mercur  TotalEn 

 fob ARA per  80 (12				  (5		ia,	 ergies, 
 tonne		barges)				 barges)   BP,	 Petroin 
												Glenco  eos, 
												re	  Trafigu 
														ra, 
														United 
														Bunkeri 
														ng.  
 3.5% barge   $508-$5				 $509-519  Gunvor   

 fob ARA per  15 (8				   (11	   , BP	 
 tonne		barges)				 barges)			
  HFO-ARA												

ICE Low Sulphur Gasoil LGOc1 Previous

 Diesel ARA Barge		$20.23		   $20.46 
 Cracks vs Brent						   

futures (per barrel) Diesel spread LGOc1-LGOc2