News: Europe Gasoline/Naphtha-Gasoline margins edge higher after stocks rise

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    LONDON, June 7 (Reuters) - Northwest European gasoline refining margins edged higher above $15 a barrel on Friday after the Atlantic basin rose.

    • Around 12,000 metric tons of Eurobob E10 traded, with Shell and Sahara selling to Varo, Total and Exxon.
    • Another 9,000 tons of Eurobob E5 traded in the Argus window, with Vitol, Total and Trafigura selling to Mabanaft, Glencore and Exxon.
    • Gasoline stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by over 10% during the week to Thursday, data from Dutch consultancy Insights Global showed.
    • Gasoline stocks stood at 890,000 metric tons, falling on rising exports to the United States and Canada, Insight Global's Lars van Wageningen said.
    • U.S. gasoline stocks rose by 2.1 million barrels in the week to 230.9 million barrels, the EIA said, slightly more than forecasts for a 2 million-barrel build.
    • Parts of the river Rhine in south Germany were still closed to cargo shipping on Wednesday after heavy rain in the region increased water levels, navigation authorities said.
    • EU and UK gasoline exports are on track to reach 932,000 barrels per day (bpd) so far in May, down from 1.11 million bpd in April, Kpler data showed.
    			Trade	 Bid	  Offer	Prev.	Buyer	Seller 
     Ebob								   $850			   
    

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

     Ebob	   $799.25-					$795,	Total,   Glenco 
     Barges	 $803						$796.25  Trafigu  re, 
     Argus										   ra	   Exxon, 
     E5(fob												   Varo 
    

    AR)

     Ebob	   $799.50					 $789			   
     Barges	 -$800.50									   
    

    E10 Argus (fob AR) June swap $800.50 $800.50 (fob ARA)

     Premium	$807	  $777	 $787			  Shell	Trafig 
     Unleaded												 ura 
    

    (fob ARA) Cargoes (fob MED) Cargoes (cif NEW) Naphtha (cif NEW)

    Ebob crack (per barrel) $14.7 Prev. $15.3 Brent futures LCOc1 Rbob RBc1 Rbob crack RBc1-CLc1

 
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