Picture of Hindustan Petroleum logo

HINDPETRO Hindustan Petroleum News Story

0.000.00%
in flag iconLast trade - 00:00
EnergyAdventurousLarge CapSuper Stock

Europe Gasoline/Naphtha-Gasoline refining margins fall

LONDON, April 7 (Reuters) - Northwest European gasoline refinery profit margins fell 36 cents on Tuesday to about $15.33 a barrel.

A total of 23,250 metric tons of E5 gasoline barges traded in the Argus window, with BP, ExxonMobil and Equinor selling to TOTSA and MB Energy.

An additional 13,000 tons of E10 gasoline barges traded in the session, with Phillips 66, ExxonMobil and Equinor selling to TOTSA, Varo, MB Energy and Shell.

NORSI, Russia's fourth-largest oil refinery, suspended operations on April 5 after a Ukrainian drone attack, two industry sources said on Tuesday.

Indian refiner HPCL sold two parcels of naphtha to energy trader Trafigura at deep discounts of about $380 and around $290 a ton to Middle East quotes for mid-April delivery owing to high chloride content, six trade sources said on Tuesday.

TradeBidOfferPrev.SellerBuyer
Ebob Barges MOC Platts E5
(fob ARA)
Ebob Barges E10 Platts (fob ARA)
Ebob Barges Argus E5 (fob ARA)$1,049.50 (23.25KT)$1,048 (32KT)BP, Exxon, EquinorTOTSA, MB Energy
Ebob Barges E10 Argus (fob ARA)$1,049.25 (13KT)$1,044 (3KT)Phillips 66, Exxon, EquinorTOTSA, Varo, MB Energy, Shell
May swap$1,029.25$1,027
Premium Unleaded (fob ARA)
Cargoes
(fob MED)
Cargoes (cif NEW)
Naphtha
(cif NEW)
Ebob crack (per barrel)$15.33Prev. $15.69
Brent futuresLCOc1
RbobRBc1
Rbob crack
(Reporting by Stephanie Kelly Editing by David Goodman ) ((Stephanie.Kelly@tr.com))

Recent news on Hindustan Petroleum

See all news