LONDON, June 24 (Reuters) - Northwest European gasoline refining margins reversed all gains from the end of last week, dropping $1.76 from Friday to $12.31 a barrel on Monday.
- A total of 2,000 metric tons of Eurobob E5 traded on Monday, with Shell selling to ExxonMobil.
- No Eurobob E10 changed hands on Monday.
- U.S. crude oil and gasoline stockpiles were expected to have fallen last week, a preliminary Reuters poll showed on Monday.
- Analysts estimated stockpiles of gasoline fell about 1.1 million barrels in the week to June 21.
- Russian gasoline production has increased by only 2% from May's average in the first 18 days of June, less than expected by the energy ministry, the Kommersant newspaper reported on Monday, citing sources familiar with the official data.
- Mexican state energy company Pemex is unlikely to produce any commercially viable motor fuels at its new Olmeca refinery before the end of the year, five sources said, despite pressure that it should be ready before the outgoing president's term ends.
- European oil refinery output in May fell 1.7% from the previous month to 9.13 million barrels per day (bpd), which was down 3.8% year-on-year, Euroilstock data showed on Friday.
- Gasoline output rose by 1.8% on the month to 2.29 million bpd, the data showed.
Trade Bid Offer Prev. Buyer Seller EbobBarges MOC Platts E5 (fob ARA)
Ebob Barges E10 Platts(fo b ARA) Ebob $824.75 $828.50 Exxon Shell Barges (2KT) (2KT) ArgusE5(fob AR) Ebob $831.50 Barges (2KT E10 Argus traded, (fob AR) 1KT
assesse d) July swap $834.25 $839(fob ARA)
Premium $829 $836 (1 Trafigu Shell Unleaded barge) ra(fob ARA)
E) Naphtha July (cif NW +$12 E)
Ebob crack (per barrel) $12.31 Prev. $14.07 Brent futures LCOc1 Rbob RBc1 Rbob crack RBc1-CLc1
