Europe Gasoline/Naphtha-Gasoline refining margins rise
Europe Gasoline/Naphtha-Gasoline refining margins rise LONDON, Aug 24 (Reuters) - Northwest European gasoline refining margins rose by $2 a barrel on the day to $41.69 on Monday, supported by firm demand and scarce supply.
About 10,000 metric tons of gasoline E5 barges traded, with Exxon, Equinor and Trafigura selling to Vitol, Aramco and Totsa.
A further 8,000 metric tons of gasoline E10 barges traded, with Exxon and Sahara selling to Varo and BP.
EU-27, UK gasoline exports are on pace to reach 671,000 barrels per day (bpd) in August, down sharply from 1 million bpd in July, the highest in a year, according to Kpler.
Saudi Arabia's national shipping company Bahri confirmed in a statement on Monday that one of its vessels, the "Amzan", had been attacked in the Red Sea.
Iran said it had blacklisted 45 tankers that had broken its rules for crossing the Strait of Hormuz, and would take action against any vessels transferring loads with them, escalating its threats over the key waterway six months into the war.
| Trade | Bid | Offer | Prev. | Seller | Buyer |
Ebob Barges MOC Platts E5 (fob ARA) |
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Ebob Barges E10 Platts (fob ARA) |
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Ebob Barges Argus E5 (fob ARA) | $1128.50 (10KT) |
| $1127.25 (10KT) | Trafigura, Exxon, Equinor | Aramco, Vitol, TOTSA | |
Ebob Barges E10 Argus (fob ARA) | $1119.50 (8KT) |
| $1123.75 (8KT) | Sahara, Exxon | Varo, BP | |
September swap | $1049 |
| $1068.75 | |||
Premium Unleaded (fob ARA) |
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Cargoes (fob MED) |
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Cargoes (cif NWE) |
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Naphtha (cif NWE) |
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Ebob crack (per barrel) | $41.69 | Prev. $39.69 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack |
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(Reporting by Enes Tunagur; Editing by Diti Pujara)
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