Europe Gasoline/Naphtha-Margins fall on slowing exports

March 3 (Reuters) - Northwest European gasoline refining margins fell to around $11.40 a barrel on Friday amid slowing exports to the United States and West Africa.
* Northwest Europe gasoline exports to the United States and West Africa in February fell to their lowest level since January 2022, Refinitiv data showed.
* February loadings dropped to 1.65 million tonnes, down from 2.2 million tonnes in January and 2.64 million tonnes in February 2022.
* Gasoline held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage area fell 2.3% to 1.42 million tonnes, the data showed, even as exports to the United States and West Africa slowed down.
* U.S. gasoline stocks fell by 900,000 barrels in the week to 239.2 million barrels, EIA government data showed, compared with analysts' expectations for a 500,000-barrel rise. ? 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 $814.25 $808.75 Totsa, BMV, BP, Barges (12.2 (3KT Shell Gunvor Argus KT) assessed
E5(fob )
AR)
Ebob $812.25 $814.50 P66 Totsa, Barges (6KT) (4KT) Varo E10
Argus
(fob AR)
April $851 $842.75
swap fob
ARA
Premium $846
Unleaded
(fob
ARA)
<PU-10PP
-ARA>
Cargoes
(fob
MED)
Cargoes
(cif
NWE)
Naphtha
(cif
NWE)
<NAF-C-N
WE>

Ebob crack (per barrel) $11.4 Prev. $12.5 Brent futures Rbob Rbob crack (Reporting by Ahmad Ghaddar)

ahmad.ghaddar.thomsonreuters.com@reuters.net))

Reuters

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Europe Gasoline/Naphtha-Margins fall on slowing exports

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