Europe Gasoline/Naphtha-Gasoline refining margins drop

Glencore

08/10/2026 18:10

LONDON, Oct 8 (Reuters) - Northwest European gasoline refining margins dropped nearly $9 to $35.89 a barrel on Thursday, despite signs of tighter supplies. 
Varo sold 8,000 metric tons of E5 gasoline barges to Trafigura, TotalEnergies and MB Energy.
Exxon sold 4,000 tons of E10 barges to Varo.
Gasoline inventories independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub were down around 5.7% at 839,000 tons on increased exports, data from Dutch consultancy Insights Global showed on Thursday.
Isaias became the first hurricane of the 2026 Atlantic season late on Wednesday, with further strengthening forecast as the storm tracks towards the northern Gulf Coast.
The storm was forecast to pass through offshore areas with oil and gas production facilities and onshore areas with major refineries; offshore areas in the path produce 15% of US crude oil and 5% of the country's natural gas.
BP on Thursday said it has removed all personnel from Na Kika and Thunder Horse platforms and shut in production at both due to Hurricane Isaias.
     
 
Trade
Bid
Offer
Prev.
Seller
Buyer
Ebob Barges MOC Platts E5
(fob ARA)
$1270
Gunvor
Trafigura
 $1250.00
 
 
Ebob Barges E10 Platts (fob ARA)
 
Ebob Barges Argus E5 (fob ARA)
$1245 (8KT)
$1223.00 (4KT)
Varo
TOTSA, Trafigura, MB Energy
Ebob Barges E10 Argus (fob ARA)
$1245 (4KT)
$1226.25 (2KT + 1KT assessed)
Exxon
Varo
November swap 
$1094.75
$1075.50
Premium Unleaded (fob ARA)
 
Cargoes
(fob MED)
 
 
 
Cargoes (cif NWE)
 
Naphtha
(cif NWE)
 
 
     
Ebob crack (per barrel)
$35.89
Prev. $44.82
Brent futures
LCOc1
Rbob
RBc1
Rbob crack
 

 (Reporting by Stephanie Kelly; Editing by Vijay Kishore)
 ((Stephanie.Kelly@tr.com))