Europe Gasoline/Naphtha-Margins fall, rising exports cap losses

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 6 (Reuters) - Northwest European gasoline refining margins fell on Monday to about $13.30 a barrel in thin trading, but rising exports from the region limited losses.
* Northwest European gasoline exports to the United States and West Africa reached an eight-month high of 2.2 million tonnes in January, up from 1.64 million tonnes in December, Refinitiv data showed.
* A major earthquake that struck Turkey and Syria early on Monday has halted operations at Turkey's oil terminal in Ceyhan and flows via Iraq's northern oil export pipeline from Kirkuk.
* State companies from Iran and Venezuela will start a 100-day revamp of the South American nation's largest refining complex in the coming weeks to restore its crude distillation capacity, four sources close to the plan said.
* Syria's Baniyas oil refinery will suspend operations for 48 hours after the earthquake in Turkey, state news agency SANA reported on Monday, citing an oil ministry statement. Trades Bids Offers Prev. Sellers Buyers (vol.) Trades
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ahmad.ghaddar.thomsonreuters.com@reuters.net))
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