LONDON, July 22 (Reuters) - Northwest European gasoline refining margins slipped by about $1.50 on Monday to $13.30 a barrel as weak arbitrage economics weighed.
- About 5,000 metric tons of Eurobob E5 gasoline traded on barges as Gunvor and Petroineos sold to Shell and Mabanaft.
- Another 5,000 tons of E10 barges traded as BP bought from Varo and Gunvor.
- The Rotterdam-New York Harbour arbitrage route has shut and "will likely remain so as PADD 1 gasoline stocks continue to rise and US gasoline demand sputters," Sparta Commodities analyst Jorge Molinero said.
- The wholesale price of Russian high-octane Ai-95 gasoline jumped by around 44% over the last month and a half, close to an all-time peak, after shortages of the grade due to refinery maintenance and high demand, market players said.
- Russia's Tuapse oil refinery, its biggest on the Black Sea, was damaged in a major Ukrainian drone attack overnight which sparked a fire, Russian officials said on Monday. The extent of the damage was not immediately clear.
- EU and UK gasoline and blending component exports have reached 1.06 million barrels per day (bpd) so far this month, compared with 1.11 million bpd in June.
Trade Bid Offer Prev. Buyer Seller EbobBarges MOC Platts E5 (fob ARA)
Ebob Barges E10 Platts(fo b ARA) Ebob $804.50 $825 Gunvor, Shell, Barges (5KT) Petroin Mabana Argus eos ft E5(fobAR)
Ebob $805.65 Argus Varo, BP Barges (5KT) assesse Gunvor E10 Argus s 3kt(fob AR) at
$821.75 August $800.50 $817.50 swap (fobARA)
Premium $804 $822-$8 Equinor Musket Unleaded (six 23 , , (fob ARA) barges) Trafigu TotalEs Cargoes ENI: (fob MED) fob Med
- 15;
Trafigu ra fob Med
- 18;
and BP: fob Med
- 20 Cargoes (cif NW E) Naphtha Aug +$6 (cif NW E)
Ebob crack (per barrel) $13.3 Prev. $14.73 Brent futures LCOc1 Rbob RBc1 Rbob crack RBc1-CLc1
