News: Europe Gasoline/Naphtha-Gasoline edge lower after ARA stocks rise

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    LONDON, May 24 (Reuters) - Northwest European gasoline refining margins declined to $18.20 a barrel on Friday amid thin trading following a small rise in regional stocks.

    • Around 12,000 metric tons of Eurobob E10 traded, with Shell and Gunvor selling to Equinor, TotalEnergies and Varo.
    • A total of 6,000 tons of Eurobob E5 traded in the Argus window, with Shell and BP selling to Gunvorand Exxon.
    • Gasoline stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 1% to 2.34 million tons during the week to Thursday, data from Dutch consultancy Insights Global showed.
    • U.S. government forecasters said on Thursday the 2024 Atlantic hurricane season is shaping up to be "extraordinary" where past experience with tropical storms cannot serve as a prologue.
    • 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.​
    			Trade	 Bid	  Offer	Prev.	Buyer	Seller 
     Ebob													  
    

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

     Ebob	   $834.50,					$841.50  Shell,   Gunvor 
     Barges	 $840						-$843.5  BP		
     Argus								  0				  
    

    E5(fob (14KT) AR)

     Ebob	   $829.50-					$834-$8  Shell,   Total, 
     Barges	 $832.50					 38	   Gunvor   Varo, 
     E10 Argus							  (8KT)			 Equino 
     (fob AR)												 r 
    

    June swap $836.50 $838.50 (fob ARA)

     Premium	$835						$836-$8  PetroIn  Total 
     Unleaded							   40	   eos	   
     (fob ARA)												 
    

    Cargoes (fob MED) Cargoes (cif NEW)

     Naphtha			  June	 June						
     (cif NEW)			+$4	  +$3						 
     

    E>

    Ebob crack (per barrel) $18.2 Prev. $19 Brent futures LCOc1 Rbob RBc1 Rbob crack RBc1-CLc1

 
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