* U.S. gasoline demand rose 1.7% in the latest week to 8.45 million barrels per day, with it rising every day over the week-ago period, according to data on Sunday from GasBuddy.com.
* But Northwest European (NWE) gasoline exports to the United States are expected to slow to four medium-range tankers this week from six last week.
* Total Northwest European (NWE) gasoline exports in February are set to reach 1.15 mln tonnes so far, according to Refinitiv data, compared with a revised four-month high of 3.04 mln tonnes in January.
* "NWE gasoline shipments to the United States and West Africa got off to a
slow
start in February weighed by rising freight rates and abundant stocks on both
sides of the Atlantic as demand was crimped in the U.S. by icy roads, storms and
freezing temperatures," Refinitiv analysts said.
* Meanwhile, Russia's seaborne oil product exports fell about 10% in Feb.
1-12
from the same period in January due to the European Union's embargo, the lack of
available tankers and the closure of ports due to storms, traders said and
Refinitiv data showed.
* ARA gasoline stocks rose slightly to 1.4 million tonnes in the week to
Thursday,
their highest since August 2020, data from Dutch consultancy Insights Global
showed.
* U.S. gasoline stocks rose by 5 million barrels to 239.6
million
barrels, the EIA said, far surpassing the 1.3 million barrel rise that analysts
expected in a Reuters poll.
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 $823.42 $829.75 Trafigu Mabanaft
Argus E5(fob (3KT, (6KT) ra
AR) 1KT
assesse
d)
Ebob Barges $829.33 $832.50 Trafigu Exxon
E10 Argus (3KT, ra
(fob AR) 1KT
assesse
d)
March swap $825.50 $822.25
fob ARA
Premium $899-$9 $890 Trafigu Gunvor
Unleaded 00 ra
(fob ARA)
<PU-10PP-ARA
>
Cargoes
(fob MED)
Cargoes (cif
NWE)
Naphtha March Marc Feb TotalEn Shell
(cif NWE) +$15 h+$3- +$4 ergies $7
Ebob crack (per barrel) $12.85 Prev. $13.13
Brent futures Rbob Rbob crack (Reporting by Rowena Edwards; Editing by Shailesh Kuber)
