LONDON, May 24 (Reuters) - Northwest European diesel barge refining margins ended the week about 3% lower at $17.60 a barrel on Friday amid slowing demand and high imports.
- Five barges traded in the afternoon window, with Litasco, Shell and TotalEnergies selling to Gunvor and Vitol.
EU and UK diesel and gasoil imports are on track to reach 1.18 million barrels per day this month, Kpler data showed, broadly steady from April levels.
- Gasoil stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by 2% during the week to May 23, data from Dutch consultancy Insights Global showed.
- Indian refiners' use of crude oil vessels to ship refined fuels such as diesel to key European markets diminished in May after volumes neared two-year highs last month, trade sources and analysts said.
Trades Bids Offers Previous Seller Buyer Session 0.1 GO Barge Junediffs 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 diffs fob ARA per tonne
Diesel Trades Bids Offers Previous Seller Buyer Session Diesel barge June June Litasc Gunvor diffs fob ARA -$0.75 -$1-$1.7 o, , per tonne , June 5 TotalE Vitol A> barges s, ) Shell Diesel cargo Junediffs cif NWE +$20 per tonne
Diesel cargo diffs cif Med per tonne DL-CIFD-MED Jet fuel Trades Bids Offers Previous Seller Buyer
Session Jet fuelbarge diffs fob FARAG per tonne
JET-BD-ARA
Jet fuel July June Unipec BP cargo +$56 +$58cif NWE per (Rotte tonne rdam)
JET-CD-NWE
Fuel Oil Trades Bids Offers Previous Seller Buyer
Session 0.5% barge $530-$5 $530-$53 TotalE OEI,fob ARA per 30.5 (3 2 nergie NorthSt tonne barges) s ar 3.5% barge $452-$45 TotalE OEIfob ARA per $457 (2 3.25 nergie tonne barges) s, BP HFO-ARAICE Low Sulphur Gasoil LGOc1 Previous
Diesel ARA Barge $17.55 $17.8 Cracks vs Brentfutures (per barrel) Diesel spread LGOc1-LGOc2
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