LONDON, July 30 (Reuters) - Northwest European gasoline refining margins fell sharply by about $1.27 a barrel on Tuesday to $14.23 a barrel, while liquidity in physical spot markets was low.
- No E5 or E10 barges traded in either the Argus or Platts window on Tuesday.
EU and UK gasoline and gasoline component exports have reached about 1.28 million barrels per day so far this month, up from 1.12 million bpd in June, according to Kpler data.
- Weak demand for gasoline and diesel around the world is weighing on refining profit margins which are however expected to improve over the summer driving season, BP BP.L CEO Murray Auchincloss said on Tuesday.
- Motiva Enterprises plans to restart the shut gasoline-producing fluidic catalytic cracker (FCC) at its 626,000-barrel-per-day (bpd) Port Arthur, Texas, refinery on Tuesday, said two people familiar with plant operations on Monday.
Trade Bid Offer Prev. Buyer Seller EbobBarges MOC Platts E5 (fob ARA)
Ebob Barges E10 Platts(fo b ARA) Ebob Barges Argus E5(fob AR) Ebob $798.75 Barges (8KT) E10 Argus (fob AR) August $785 $796 swap (fobARA)
Premium $792 $804-$8 Trafigu Musket Unleaded 06 (2 ra(fob ARA) barges)
Cargoes FOB Med (fob MED) cargo quotes BL+5 +$13 Cargoes(cif NW E) Naphtha 12-31 Aug (cif NW Aug +$6 +$20 E)
Ebob crack (per barrel) $14.23 Prev. $15.50 Brent futures LCOc1 Rbob RBc1 Rbob crack RBc1-CLc1
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