News: Europe Gasoline/Naphtha-Gasoline cracks edge up as U.S. stocks seen falling

LONDON, April 29 (Reuters) - Northwest European gasoline refining margins rose to $22.72 a barrel on Monday as crude prices fell and U.S. gasoline stocks were predicted to fall.

• A total of 6,000 metric tons of Eurobob E10 traded, with Gunvor and BP selling to Varo and ExxonMobil.
• Another 8,000 tons of E5 gasoline traded. Trafigura sold to Mabanaft, BP and Litasco.
• Oil prices fell more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears of a wider Middle East conflict, while U.S. inflation data dimmed the prospect of imminent interest rate cuts.
• U.S. crude oil and product stockpiles were expected to have fallen last week, a preliminary Reuters poll showed on Monday.
• Four analysts polled by Reuters estimated that crude inventories on average fell by about 1 million barrels in the week to April 26.
• Gasoline stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 7.5% during the week to Thursday, data from Dutch consultancy Insights Global showed.
• Gasoline stocks partially recovered after a 13% drop the previous week, rising to 1.1 million tons.
• Meanwhile, U.S. gasoline stocks fell last week by 600,000 barrels to 226.7 million barrels, the EIA said, compared with forecasts for a 1.8 million-barrel draw.
• European gasoline exports in April are on track to reach 1.11 million barrels per day, Kpler data showed, higher than March's 1.02 million bpd.
• Gasoline shortages have worsened in Nigeria's major cities, with long winding queues at fuel outlets on Monday, crippling transport and businesses and highlighting state oil firm NNPC Ltd's struggle to meet supply obligations.

			Trade	Bid	  Offer	Prev.	Buyer	Seller 
 Ebob													 

Barges MOC Platts E5 (fob ARA) Ebob Barges E10 Platts(fo b ARA)

 Ebob	   $930.75					$936.50  Trafigu  BP, 
 Barges	 -$933.7					-$942.2  ra	   Mabanaf 
 Argus	  5 (8KT)					5				 t, 
 E5(fob												  Litasco 

AR)

 Ebob	   $926.50					$933.50  Gunvor,  Varo, 
 Barges	 -$932.2							 BP	   Exxon 
 E10 Argus  5 (6KT)									   

(fob AR) May swap $930 $932.75 (fob ARA)

 Premium	$939-$9					$943	 Varo,	Musket, 
 Unleaded   43 (5							   Vitol	Trafigu 

(fob ARA) barges) ra Cargoes May +$2 (fob MED) Cargoes (cif NEW)

 Naphtha			 May	  May						 
 (cif NWE)		   +$10	 +$13						
 
 E>													   
	   Ebob crack (per barrel)   $22.720		Prev. $21.817  Brent futures			  LCOc1   Rbob					   RBc1   Rbob crack				 RBc1-CLc1