LONDON, April 26 (Reuters) - Northwest European gasoline refining margins declined to $21 a barrel on Friday after a large gain in regional stocks.
- A total of 4,000 metric tons of Eurobob E10 traded, with Shell selling to TotalEnergies.
- Another 13,000 tons of E5 gasoline traded. Trafigura and BP sold to Mabanaft, ExxonMobil and TotalEnergies.
- 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.
- Gasoline stocks rose as exports to West Africa slowed, with just one tanker leaving the Northwest European hub on that route, Insights Global's Lars van Wageningen said.
- 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.
Trade Bid Offer Prev. Buyer Seller EbobBarges MOC Platts E5 (fob ARA)
Ebob Barges E10 Platts(fo b ARA) Ebob $936.50 $930 Trafigu Exxon, Barges -$942.2 (8KT) ra, BP Total Argus 5E5(fob AR)
Ebob $933.50 $922 Shell Total Barges (18KT)E10 Argus (fob AR) May swap $932.75 $914 (fob ARA)
Premium $943 $925-$9 Varo Gunvor Unleaded 33 (8(fob ARA) barges)
Cargoes (fob MED) Cargoes (cif NEW) Naphtha (cif NWE) Ebob crack (per barrel) $21.1 Prev. $22.68 Brent futures LCOc1 Rbob RBc1 Rbob crack RBc1-CLc1
