News: Europe Distillates-Diesel margins edge higher in muted trade

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    LONDON, June 19 (Reuters) - Northwest European diesel barge refining margins rose to $20.80 a barrel on Wednesday in thin trading, with support from a report that a major European production unit had been shut down.

    • Vitol sold to Gunvor one diesel barge in the afternoon window, the first trade in five sessions.
    • Shell closed a 56,300 barrel per day (bpd) hydrocracking unit at its Pernis oil refinery in the Netherlands on June 18, consultancy Wood Mackenzie reported. Wood Mackenzie also reported decreased activity on the 58,600 bpd vacuum distillation unit (VDU) on the morning of June 18, it said in its refinery intelligence report.
    • Diesel and gasoil arrivals into North West Europe and the Mediterranean in June are set to drop from the previous month, LSEG data shows.
    • Arrivals are projected to reach 8.46 million metric tons in June, down from 10.3 million tons in May.
    • China's May exports of kerosene and diesel surged from the same month lkast year, customs data showed on Tuesday, buoyed by strong jet fuel output, international flight demand and high diesel inventories.
    				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 NEW per tonne

    GO-CND-NWE 0.1 GO Cargo +$3.00 diffs cif Med per tonne

    GO-CND-MED

     50ppm barge	July			July			 Total   P66 
     diffs fob ARA  -$8			 +$2					   
    

    per tonne Diesel Trades Bids Offers Previou Seller Buyer

    										s				 
    										Session		   
     Diesel barge   July	July	July			 Vitol   Gunvor 
     diffs fob ARA  $4	  +$2	 +$5					   
     per tonne												
    

    Diesel cargo July July July diffs cif NEW +$13.7 +$17.5 $14.50

     per tonne			  5	   0						 
     

    NWE> Diesel cargo Aug diffs cif Med +$19 per tonne

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

    										s				 
    										Session		   
     Jet fuel							   July			  
    

    barge +$49 diffs fob FARAG per tonne

    JET-BD-ARA Jet fuel July cargo +$57 cif NEW per tonne

    JET-CD-NWE

    Fuel Oil Trades Bids Offers Previous Seller Buyer

    									  Session			
     0.5% barge   $551					$553	  Total   Mercuri 
     fob ARA per											a 
    

    tonne 3.5% barge $491-$4 $488-$48 Total, Aramco,

     fob ARA per  91.50				   9		 Gunvor  Vitol 
     tonne												   
    

    HFO-ARA ICE Low Sulphur Gasoil LGOc1 Previous

     Diesel ARA Barge		$20.82		   $19.58 
     Cracks vs Brent						   
    

    futures (per barrel) Diesel spread LGOc1-LGOc2

 
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