* European gasoline output rose 4.5% in January on the month and 3.1% on the year, according to Euroilstock data. Naphtha production fell 2.2% on the month but rose 2.3% on the year.
* Overall, European refiners produced 10.253 million barrels per day (bpd) of oil products in January, 1.7% more than the previous month and up 6.6% from a year earlier, Euroilstock data showed.
* Germany's Schwedt refinery, whose majority owner Rosneft Deutschland has been put under trusteeship by the government, will undergo major maintenance in spring that will lower utilisation to less than half.
* The outage coincides with works at oil major Shell's Pernis refinery in Rotterdam from the start of March to the end of May.
* Gasoline cracks, however, remain capped by limited northwest European exports to the United States so far this month as a result of ample U.S. stocks, soaring freight rates, and inclement weather hitting U.S. demand, according to Refinitiv analysis.
* Refinitiv tracking shows just two medium-range (MR) tankers provisionally
booked
on the transatlantic route this week compared with five a week earlier.
* Exports on the route to west Africa have also fallen.
* In northwestern Europe, gasoline stocks were stable near
highs last
seen in August as exports to the United States continue at a low level,
according to Dutch consultancy Insights Global. Trades Bids Offers Prev. Sellers Buyers
(vol.) Trades
Ebob
Barges
MOC
Platts
E5
(fob
ARA)
<EUROBOB
-ARA>
Ebob
Barges
E10
Platts(f
ob ARA)
Ebob Assesse $809.50
Barges d at (4KT)
Argus $806.00
E5(fob
AR)
Ebob $795 $800 Total Varo
Barges (3KT) (6KT)
E10
Argus
(fob AR)
March $796 $795.50
swap fob
ARA
Premium $843, $852-$85
Unleaded $860 3
(fob
ARA)
<PU-10PP
-ARA>
Cargoes
(fob
MED)
Cargoes
(cif
NWE)
Naphtha March March
(cif +$8, +$25
NWE) +$15
<NAF-C-N
WE>
Ebob crack (per barrel) $14.1 Prev. $13.7
Brent futures Rbob Rbob crack (Reporting by Shadia Nasralla; Editing by Alexander Smith)
