* Germany's Schwedt refinery, whose majority owner Rosneft Deutschland has
been
put under trusteeship by the government, will undergo major maintenance this
spring that will lower utilisation to less than half.
* Utilisation at the refinery will be below 50% in April and May, while
reaching a
target of 75% would take two to two-and-a-half years, said Michael Kellner,
state secretary in the Economy Ministry.
* Gasoil stocks held in independent storage in the
Amsterdam-Rotterdam-Antwerp
(ARA) refining and storage area hit a new two-year high in the week to Thursday,
data from Dutch consultancy Insights Global showed.
* Gasoil stocks, which include diesel and heating oil, are at their highest
since
March 2021 on the back of ample imports, including from East Asia and India,
said Insights Global's Lars van Wageningen.
* Diesel supplies and imports into Europe remained high even after the EU
ban on
Russian fuel imports took effect.
* About 5.5 million tonnes of diesel is already scheduled to arrive in
Europe this
month, compared with 7.73 million tonnes in January, Refinitiv analysis shows.
* The February imports are still 12% higher than a year earlier, according
to
Refinitiv.
* Russian diesel exports took a massive hit in the week to Feb. 12, tumbling
to
about 550,000 tonnes compared with the 1.23 million tonnes that loaded in the
week to Feb. 5, Refinitiv data shows.
Trades Bids Offers Previous Seller Buyer
Session
0.1 GO
Barge
diffs fob
ARA per
tonne 0.1 GO
Cargo
diffs cif
NEW per
tonne
<GO-CND-NWE
>
0.1 GO Mar
Cargo -$3
diffs cif
Med per
tonne
<GO-CND-MED
>
50ppm barge Mar
diffs fob -$5
ARA per
tonne
<GO50PPM-ED
-ARA>
Diesel Trades Bids Offers Previous Seller Buyer
Session
Diesel Mar Mar Mar Mercuri Vitol
barge -$3.50 -$4.5 -$0 to a
diffs fob 0 to -$3.50
ARA -$7
Per tonne
<ULSD10-BD-
ARA>
Diesel Mar Mar 7 Vitol,
cargo +$14- +$21-$ Trafig
diffs cif $15 22 (Le ura
NEW (Tham Havre)
Per tonne es)
<ULSD10-ANY
D-NWE>
Diesel Mar
cargo +$0
diffs cif
Med
per tonne
<DL-CIFD-ME
D>
Jet fuel Trades Bids Offers Previous Seller Buyer
Session
Jet fuel Mar
barge +$43
diffs fob
FARAG
per tonne
<JET-BD-ARA
>
Jet fuel Mar Mar
cargo +$52 +$58
cif NEW per (Le (Le
tonne Havre Havre)
<JET-CD-NWE )
>
Fuel Oil Trades Bids Offers Previous Sell Buy
Session
0.5% barge $545 $538-$54
fob ARA per 0
tonne
3.5% barge $389 $379
fob ARA per
tonne ICE Low Sulphur Gasoil Previous
Diesel ARA Barge $24.81 $25.25
Crack(per barrel)
Diesel spread (Reporting by Ron Bousso; Editing by Lisa Shumaker)
