* Oil prices plunged 5% to their lowest in more than a year
as
unease over Credit Suisse spooked world markets and offset hopes
of a Chinese oil demand recovery.
* U.S. gasoline stocks fell last week by 2.1 million barrels
to
236 million barrels, EIA data showed, compared with analysts'
forecasts for a 1.8 million-barrel drop.
* Global oil demand is edging up slowly but is set for a
huge
boost from resumed air travel and China's economic reopening
after COVID-19 curbs, the International Energy Agency said on
Wednesday.?
* Strikes against the French government's planned pension
reform
entered a second week on Wednesday, disrupting maintenance at
nuclear reactors, hitting liquefied natural gas (LNG) prices and
blocking some shipments from refineries and depots.
* Gasoline exports from Europe 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.
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 $717-$7 $754.75 Total Gunvor,
Barges 63 (3KT) Trafigur
Argus a
E5(fob
AR)
Ebob $703.25 $760.50
Barges (assess on 3kt
E10 ed) (1kt
Argus assessed
(fob AR) )
April $742.25 $802
swap fob
ARA
Premium $721
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 Ron Bousso)
