Europe Gasoline/Naphtha-Margins fall, ARA stocks edge lower

Feb 2 (Reuters) - Northwest European gasoline refining margins fell on Thursday to around $15.37 a barrel, despite a small dip in regional stocks, as higher U.S. inventories threaten to weigh on transatlantic export demand.
* Gasoline stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage area fell by almost 1% to 1.4 million tonnes in the week to Thursday, data from Dutch consultancy Insights Global showed.
* The fall came as a result of rising exports to the United States, according to Insights Global's Lars van Wageningen.
* But northwestern European gasoline exports to the United States are expected to fall this week to 185,000 tonnes, down from 325,000 tonnes the previous week, according to Refinitiv analysis.
* U.S. gasoline stocks rose by 2.6 million barrels in the week ended Jan. 27 to 234.6 million barrels, the Energy Information Administration said on Wednesday.
* Separately, Turkey will require a document showing P&I insurance validity for ships carrying petroleum products through the Turkish straits from Feb. 6, as it already does for crude oil ships, the general directorate of maritime affairs said on Thursday. Trades Bids Offers Prev. Sellers Buyers (vol.) Trades
Ebob Barges
MOC Platts
E5
(fob ARA)
<EUROBOB-ARA
>
Ebob Barges
E10
Platts(fob
ARA)
Ebob Barges $809 $840.38
Argus E5(fob (3KT, (4KT)
AR) 1KT

assesse

d)
Ebob Barges $823.50 $855.50
E10 Argus (4KT) (8KT)
(fob AR)
March swap $806 $819.50
fob ARA (Feb.

swap)
Premium $865 $896
Unleaded
(fob ARA)
<PU-10PP-ARA
>
Cargoes
(fob MED)
Cargoes (cif
NWE)
Naphtha
(cif NWE) Ebob crack (per barrel) $15.37 Prev. $18.16 Brent futures Rbob Rbob crack (Reporting by Rowena Edwards; Editing by Kirsten Donovan)

Reuters

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Europe Gasoline/Naphtha-Margins fall, ARA stocks edge lower

By Reuters

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