LONDON, May 22 (Reuters) - Northwest European gasoline refining margins climbed towards $20 a barrel on Wednesday after data showed a larger than expected drop in U.S. inventories.
- Around 4,000 metric tons of Eurobob E10 traded, down from 10,000 tons in the previous session, with Shell selling to Equinor.
- A total of 12,000 tons of Eurobob E5 traded in the Argus window, with Shell, Trafigura and BP selling to Gunvor and Mabanaft.
- U.S. gasoline stocks fell last week by 945,000 barrels to 226.8 million barrels, EIA data showed, more than forecasts for a 729,000-barrel draw.
- The Russian government suspended its export ban on gasoline until June 30, though it is still due to remain in place between July 1 - Aug. 31.
- Gasoline exports from the EU and UK are on track to reach 847,000 barrels per day this month, Kpler data showed, down from 1.15 million bpd in April.
- The U.S. will sell the nearly 1 million barrels of gasoline in a reserve in northeastern states with bids due on May 28, the Department of Energy said on Tuesday.
Trade Bid Offer Prev. Buyer Seller EbobBarges MOC Platts E5 (fob ARA)
Ebob Barges E10 Platts(fo b ARA) Ebob $839.75- $857.50 Shell, Gunvor Barges $844.50 (6KT) Trafigu , Argus ra, BP MabanaE5(fob ft AR)
Ebob $833.75, $850 Shell Equino Barges $834.25 (10KT) r E10 Argus(fob AR) June swap $842.50 $855.50 (fob ARA)
Premium $847 $860-$8 Musket, Total Unleaded 61 (12 Trafigu(fob ARA) barges) ra
Cargoes (fob MED) Cargoes (cif NEW) Naphtha June May -$1 May (cif NEW) +$7 -$1,E> -$2,
June +$7 Ebob crack (per barrel) $19.93 Prev. $19.14Brent futures LCOc1 Rbob RBc1 Rbob crack RBc1-CLc1
