News: Europe Gasoline/Naphtha-Gasoline cracks slip below $20

LONDON, May 21 (Reuters) - Northwest European gasoline refining margins fell by over $2 to $19.47 a barrel on Tuesday as export activity slowed and as Russia lifted its export ban.

• Around 10,000 tons of Eurobob E10 traded, unchanged from levels in the previous session, with Shell selling to Varo, TotalEnergies, Equinor

• A total of 6,000 metric tons of Eurobob E5 traded in the Argus window, with Shell selling to Gunvor and Trafigura.

• 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 
 Ebob													  

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

 Ebob	   $857.50					 $891	 Shell	Gunvor 
 Barges	 (6KT)					   (14KT)			, 
 Argus													Trafig 

E5(fob ura AR)

 Ebob	   $850						$868.75  Shell	Varo, 
 Barges	 (10KT)					  (10KT)			TotalE 
 E10 Argus												nergie 

(fob AR) s,

														  Equino 
														  r 
 June swap  $855.50					 $868			   

(fob ARA)

 Premium	$860-$86							 Petroin  TotalE 
 Unleaded   1 (12								eos,	 nergie 
 (fob ARA)  barges)							  Musket,  s 

ra Cargoes (fob MED) Cargoes (cif NWE)

 Naphtha			  June	 May -$1  May				
 (cif NWE)			+$7			   -$1,			   
 
 E>									 -$2,			   
										June			   
										+$7				
	  
 Ebob crack (per barrel)   $19.47		 Prev. $21.82 
 Brent futures			  LCOc1   Rbob					   RBc1   Rbob crack				 RBc1-CLc1