Europe Distillates-Diesel margins end week lower

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