News: Europe Distillates-Diesel refining margins end week on steady note

LONDON, June 28 (Reuters) - Northwest European diesel barge refining margins fell by over $1 a barrel on the day to $19.41 a barrel on Friday, but were on track to end the week virtually unchanged.

• Five 10ppm diesel barges traded in the Platts window on Friday, down from six on Thursday. Shell and ExxonMobil sold barges to Glencore and BP.

• Lower inventories and slowing imports have been supporting margins.

• Independently-held gasoil inventories in Amsterdam-Rotterdam-Antwerp (ARA) STK-GO-ARA

  fell by nearly 3% in the week to June 27 to just under 2.2 million metric tons, according to data from Dutch consultancy Insights Global.

• EU and UK diesel and gasoil imports are on track to reach 985,000 barrels per day (bpd) in June, Kpler data showed, down from 1.24 million bpd in May.
• In the Mediterranean market, traders expect the diesel-making hydrocracker at Socar's STAR refinery in Turkey to come back online early next week. The outage on the unit started in early June.
• The Atyrau oil refinery in western Kazakhstan was working normally after a fire that hit a hydrogen-producing unit was put out, the plant's press service said on Friday.

				Trades  Bids	Offers  Previou  Seller  Buyer 
										s				 
										Session		   
 0.1 GO Barge											 

diffs fob ARA per tonne

GO-ED-ARA 0.1 GO Cargo diffs cif NEW per tonne

GO-CND-NWE 0.1 GO Cargo diffs cif Med per tonne

GO-CND-MED 50ppm barge July diffs fob ARA -$5 per tonne Diesel Trades Bids Offers Previou Seller Buyer

										s				 
										Session		   
 Diesel barge   July					July	 Shell,  Glenco 
 diffs fob ARA  +0.75-				  +$1.50-  ExxonM  re, BP 

 per tonne	  $1.50				   2.00 (6  obil	 
 
 A>			 barges									
				)										 
 Diesel cargo		   July	July					  

 diffs cif NWE		  +$8	 +$12					  
 per tonne												
 													  Diesel cargo   Med					 Med +$2  TotalE  BP  diffs cif Med  -$1							  nergie   
 per tonne	  (Malta						   s		
  DL-CIFD-MED   )										 
														   Jet fuel	   Trades  Bids	Offers  Previou  Seller  Buyer 
										s				 
										Session		   
 Jet fuel	   FBH			 July					  
 barge		  -$3.50		  +$54					  
 diffs fob												
 FARAG													 per tonne												
  JET-BD-ARA											   Jet fuel					   July					   cargo						  +$53					   cif NWE per											   tonne													
  JET-CD-NWE											  
 Fuel Oil	 Trades   Bids   Offers  Previous  Seller  Buyer 
									  Session			
 0.5% barge   $560-$5				 $562-563  TotalE  Trafigu 

 fob ARA per  61 (3				   (3		nergie  ra 
 tonne		barges)				 barges)   s, BP	
 3.5% barge   $488-$4				 $489-490  TotalE  Aramco 

 fob ARA per  88.50				   (6		nergie   
 tonne								barges)   s		
  HFO-ARA												 ICE Low Sulphur Gasoil   LGOc1		   Previous 
 Diesel ARA Barge		$19.41		   $20.51 
 Cracks vs Brent						   
 futures (per barrel)					   Diesel spread			LGOc1-LGOc2