Europe Gasoline/Naphtha-Gasoline refining margins firm

Equinor ASA

25/08/2026 18:06

LONDON, Aug 25 (Reuters) - Northwest European gasoline refining margins rose by 6.6% to $44.45 a barrel on Tuesday, supported by stronger demand and sharp declines in underlying crude prices.
About 8,000 metric tons of gasoline E5 barges traded, with Exxon, Trafigura and Equinor selling to Totsa, Aramco and Vitol.
Another 10,000 tons of gasoline E10 barges traded, with Trafigura, ExxonMobil and Shell selling to BP, Varo and Totsa.
Exxon also sold an E5 barge to Varo in the Platts window.
EU-27, UK gasoline exports are on pace to reach 764,000 barrels per day (bpd) in August, down sharply from 1 million bpd in July, the highest in a year, according to Kpler.
Brazil's government will extend a gasoline subsidy worth 0.44 reais per litre (about 9 U.S. cents) until September 9, local newspaper Valor Economico reported on Tuesday, citing a finance ministry source.
Russia is set to extend its diesel export ban through September as fuel shortages persist in its domestic market, with a number of refineries still idle after repeated Ukrainian drone attacks, three industry sources told Reuters.
 
Trade
Bid
Offer
Prev.
Seller
Buyer
Ebob Barges MOC Platts E5
(fob ARA)
$1124
 
 
 
 
 Exxon 
Varo 
Ebob Barges E10 Platts (fob ARA)
 
 
 
 
 
Ebob Barges Argus E5 (fob ARA)
$1117.50 (8KT) 
 
 
$1128.50 (10KT)
Trafigura, Exxon, Equinor
Aramco, Vitol, TOTSA
Ebob Barges E10 Argus (fob ARA)
 
$1107 on (10KT) 
 
 
 
$1119.50 (8KT)
Trafigura, Shell, Exxon
Varo, BP
September swap 
$1055.75 
 
 
$1049
Premium Unleaded (fob ARA)
 
 
Cargoes
(fob MED)
 
 
 
Cargoes (cif NWE)
 
 
 
 
 
 
Naphtha
(cif NWE)
 
 
 
 
 
 
 
     
Ebob crack (per barrel)
$44.45
Prev. $41.69
Brent futures
LCOc1
Rbob
RBc1
Rbob crack
 
     

(Reporting by Ahmad Ghaddar
Editing by David Goodman
)
((Ahmad.Ghaddar@thomsonreuters.com; +442075424435; Reuters Messaging: ahmad.ghaddar.thomsonreuters.com@reuters.net/))