News: Europe Gasoline/Naphtha-Gasoline cracks slip on rising supply

LONDON, May 13 (Reuters) - Northwest European gasoline refining margins fell about $2 a barrel to $18.99 a barrel on Monday, weighed down by rising supplies.

• A total of 6,000 metric tons of Eurobob E5 traded on Monday in the Argus window, with BP selling to Varo and ExxonMobil.
• Eurobob E10 liquidity was slightly higher at 10,000 metric tons, with Shell selling to TotalEnergies and Varo.
• Traders said the end of peak refinery maintenance season in Europe was lifting production in Europe, and weighing on margins.
• Meanwhile, gasoline stocks held independently in Amsterdam-Rotterdam-Antwerp (ARA) fell 5% to 971,000 tons in the week to May 10 on continued exports to the United States, according to data from Dutch consultancy Insights Global.
• "Exports to the U.S. have outpaced exports to West Africa (WAF) during the first ten days of this month, with nearly 70% of the total exports heading to the U.S. This trend is driven by anticipated demand in the U.S. ahead of the summer driving season," said LSEG analyst Mohammed Yasser.
• Overall exports from Northwest Europe and the Mediterranean are set to rise on the month in May, he added.
• Russia's incoming government will discuss lifting a ban on gasoline exports, state-run RIA news agency quoted acting Deputy Prime Minister Alexander Novak as saying on Monday.
• Russia's exports of naphtha to Singapore are on track to rise to their highest level this year in May as Russian refineries recover from drone attacks, traders and analysts estimated, with the trend poised to continue as more capacity comes online.

			Trade	Bid	  Offer	Prev.	Buyer	Seller 
 Ebob								  $864			   

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

 Ebob	   $857.25					$868-87  BP	   Gunvor, 
 Barges	 (6KT)					  6.25 (5		   ExxonMo 
 Argus								 barges)		   bil 
 E5(fob												   

AR)

 Ebob	   $852.50					$874.25  Shell	Varo, 
 Barges	 (10KT)									   TotalEn 
 E10 Argus											   ergies 

(fob AR) June swap $850.50 $853.25 (fob ARA)

 Premium	$854-$8					$861	 Trafigu  Litasco 
 Unleaded   61 (4							   ra	   , 
 (fob ARA)  barges)									  TotalEn 

Cargoes $858 (fob MED) (SPB)

 Cargoes	$906								Gunvor   Equinor 
 (cif NWE)  (Tees)										

Naphtha (cif NWE)

Ebob crack (per barrel) $18.99 Prev. $21.11 Brent futures LCOc1 Rbob RBc1 Rbob crack RBc1-CLc1