LONDON, June 25 (Reuters) - Northwest European diesel barge refining margins rose above $20 a barrel on Tuesday amid stronger buying activity in the region.
- Six barges of diesel traded in the afternoon window, with Shell selling to TotalEnergies, BP and Gunvor.
- Global commodities trader Trafigura loaded diesel onto a supertanker in the Middle East this week, taking advantage of lower freight rates for crude tankers to send more fuel to the West, according to shipping data and several trade sources.
- High rainfall was leading to a counter-seasonal rise in Rhine water levels which are disrupting barge activity, brokers Riverlake Barging said.
- Meanwhile, diesel and gasoil arrivals in the UK and EU are expected to reach 911,000 barrels per day so far in June, Kpler data showed, down from 1.24 million bpd in May.
Trades Bids Offers Previou Seller Buyer s Session 0.1 GO Barge Julydiffs 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 diffs fob ARA -$0.50 per tonne
Diesel Trades Bids Offers Previou Seller Buyer s Session Diesel barge July July $3 Shell Total,diffs fob ARA $2-$2. (one Gunvor per tonne 50 barge) , BPA> Diesel cargo July diffs cif NEW +$14 per tonne
Diesel cargo diffs cif Med per tonne DL-CIFD-MED Jet fuel Trades Bids Offers Previou Seller Buyer
s Session Jet fuelbarge diffs fob FARAG per tonne
JET-BD-ARA Jet fuel July cargo +$59 cif NEW per tonne
JET-CD-NWE
Fuel Oil Trades Bids Offers Previous Seller Buyer
Session 0.5% barge $557-$5 $559-$56 BP, Mercuri fob ARA per 59 1 Mercur a, tonne ia NOrthst ar 3.5% barge $484 $489-$49 Gunvor Mercurifob ARA per 0 a tonneHFO-ARA ICE Low Sulphur Gasoil LGOc1 Previous
Diesel ARA Barge $20.32 $19.93 Cracks vs Brentfutures (per barrel) Diesel spread LGOc1-LGOc2
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LONDON, June 25 (Reuters) - Northwest European diesel barge...
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