News: Europe Distillates-Diesel margins end the week lower

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		   June							   

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 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		   June							   
 diffs 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 fuel												  
 barge													  diffs fob												  FARAG													  per tonne												 
  JET-BD-ARA											   
 Jet fuel	   July	June					  Unipec  BP 
 cargo		  +$56	+$58							   
 cif 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  OEI 

 fob ARA per  $457 (2				 3.25	  nergie   
 tonne		barges)						   s, BP	
  HFO-ARA												
 ICE Low Sulphur Gasoil   LGOc1		   Previous 
 Diesel ARA Barge		$17.55		   $17.8 
 Cracks vs Brent						   
 futures (per barrel)					   Diesel spread			LGOc1-LGOc2