Europe Gasoline/Naphtha-Gasoline refining margins end week lower

Glencore

25/09/2026 18:31

LONDON, Sept 25 (Reuters) - Northwest European gasoline refining margins dropped 92 cents to $45.01 a barrel on Friday, marking a roughly $2 drop from last Friday's level.
About 14,000 metric tons of gasoline E5 barges traded, including 10,000 tons of winter grade and 4,000 tons of summer grade. ExxonMobil sold E5 barges to Gunvor, Vitol and ATL.
A further 7,000 tons of gasoline E10 barges traded, 3,000 tons of which were winter grade and the balance summer. Trafigura, ExxonMobil and Glencore were sellers and Varo, ATL and MB Energy were buyers.
The Perm oil refinery, Russia's seventh-largest oil processing plant by volume, stopped operations following a Ukrainian drone attack, which caused a fire and damaged pipelines, storage and technological units on Friday, two industry sources said.
Germany's lower house of parliament approved on Friday the second temporary gasoline tax discount this year, which will cost federal and state governments €2.5 billion ($2.85 billion).
German consumer sentiment weakened more sharply than expected heading into October, as rising energy prices soured households' income outlook, a survey showed on Friday.
Gasoline shipped to Syria has begun moving by road to Iraq, a senior Syrian oil official told Reuters, establishing a two-way energy corridor through a route Baghdad has used to export fuel since disruption to shipping through the Strait of Hormuz.
EU-27 and UK gasoline exports to other regions averaged 945,000 barrels per day over September 1-25 according to Kpler data, up from 676,000 bpd last month.
     
 
Trade
Bid
Offer
Prev.
Seller
Buyer
Ebob Barges MOC Platts E5
(fob ARA)
 
 
 
 
 
Ebob Barges E10 Platts (fob ARA)
 
Ebob Barges Argus E5 (fob ARA)
$1249.25 (10KT Summer, 4KT Winter)
$1281.25 (7KT)
ExxonMobil
Gunvor, Vitol, ATL
Ebob Barges E10 Argus (fob ARA)
$1219 (3KT Winter, 4KT Summer)
 $1276.75 (12KT)
Trafigura, ExxonMobil, Glencore
ATL, Varo, MB Energy
October swap 
$1166.25
 $1210.75
Premium Unleaded (fob ARA)
 
Cargoes
(fob MED)
 
Cargoes (cif NWE)
 
Naphtha
(cif NWE)
 
 
     
Ebob crack (per barrel)
$45.01
Prev. $45.93
Brent futures
LCOc1
Rbob
RBc1
Rbob crack
 

 (Reporting by Robert Harvey. Editing by Mark Potter)
 ((robert.harvey@tr.com))