Europe Gasoline/Naphtha-Gasoline cracks rise after ARA stocks gain

Reuters

Europe Gasoline/Naphtha-Gasoline cracks rise after ARA stocks gain

2024 7월 4, 오후 5:57 GMT

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LONDON, July 4 (Reuters) -Northwest European gasoline refining margins rose to $13.7 a barrel on Thursday after data showed a drop in regional inventories.

A total of 4,000 metric tons of Eurobob E5 traded, down from 25,000 tons in the previous session. Gunvor and Vitol sold to Shell and Exxon.
A further 3,000 tons of Eurobob E10 changed hands. Equinor sold to BMW.
Gasoline stocks in independently-held storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining hub fell in the week to Thursday by over 1% to 1.11 million tons as flows on the transatlantic route rose, according Insight Global's Lars van Wageningen.
U.S. gasoline stocks fell by 2.2 million barrels last week to 231.7 million barrels, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.3 million-barrel draw.
Russian gasoline exports by rail jumped by more than 70% in June from May to 423,101 metric tons after a ban on exports was waived, data from sources and Reuters calculations showed.
EU and UK gasoline exports came in just above 1 million barrels per day (bpd) in June, marginally below May levels, and their lowest level since May 2020, Kpler data showed.

	Trade	Bid	Offer	Prev.	Buyer	Seller
Ebob Barges MOC Platts E5 (fob ARA) EUROBOB-ARA		$861
Ebob Barges E10 Platts(fob ARA)
Ebob Barges Argus E5(fob AR)	$843.50			$841.75-$844.50	Gunvor, Vitol	Shell, Exxon
Ebob Barges E10 Argus (fob AR)	$856.50			$846-$847.25	Equinor	BMW
August swap (fob ARA)	$856.25			$844.50
Premium Unleaded (fob ARA) PU-10PP-ARA	$857				Trafigura	Total
Cargoes (fob MED)		July +$1
Cargoes (cif NW E)
Naphtha (cif NW E) NAF-C-NWE		July +$6	July +$6