* Oil prices fell about 1% to a five-week low on Tuesday as
the
collapse of Silicon Valley Bank in the United States sparked
fears of a financial crisis that could reduce future oil demand.
* More than a third of operators at TotalEnergies' French
refineries and depots were on strike Tuesday morning as
industrial action against the government's planned changes to
its pension system continued for a seventh day, a company
spokesperson said.
* Exports from the region slipped last month and look set to
trade
even more slowly in March.
* Northwest European gasoline exports in February dropped to
2.35
million tonnes, well below the 3.11 million tonnes loaded in
January and the 3.2 million tonnes in February 2022, Refinitiv
data showed. March loadings so far total about 840,000 tonnes,
the data showed.
* U.S. gasoline stockpiles were expected to have fallen last
week
along with distillate inventories, a preliminary Reuters poll
showed.
* Six analysts polled by Reuters estimated on average that
gasoline inventories fell by about 2.2 million barrels in the
week to March 10.
* Russia's offline primary oil refining capacity for March
has
been revised up by 78% from the previous plan to 1.684 million
tonnes, according to data from industry sources and Reuters
calculations.
* India is not obligated to buy Russian oil at rates below
the
price cap imposed by the Group of Seven (G7) and other Western
nations, an Indian oil ministry source told Reuters on Tuesday.
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 $754.75 $780.75 Trafigu Gunvor
Barges (3KT) (7KT) ra
Argus
E5(fob
AR)
Ebob $760.50 3KT BP Gunvor
Barges on 3kt assessed
E10 (1kt at
Argus assesse $782.50
(fob AR) d)
April $802
swap fob
ARA $826.75
Premium $787 $790
Unleaded
(fob
ARA)
<PU-10PP
-ARA>
Cargoes
(fob
MED)
Cargoes
(cif
NEW)
Naphtha March
(cif +$2,
NEW) +$6
<NAF-C-N
WE>
Ebob crack (per barrel) $10.974 Prev. $12.747
Brent futures Rbob Rbob crack (Reporting by Noah Browning
Editing by David Goodman
)
