Europe Gasoline/Naphtha-Cracks drop, ARA stocks little changed

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 13 (Reuters) - Northwest European gasoline refining margins slipped to $19.5 a barrel on Thursday after data showed regional stocks had remained stable over the past week.
* ARA gasoline stocks were little changed in the week to Thursday at 1.4 million tonnes, data from Dutch consultancy Insights Global showed.
* Russia boosted gasoline exports by nearly 50% year-on-year in the first quarter, shipping cargoes directly to Africa as it carved out new trade routes after the European Union sanctioned Russian oil, ship tracking data showed.
* Russia stepped up shipments of the motor fuel to African countries such as Nigeria, Tunisia and Libya after the European Union banned Russian products on Feb. 5.
* Oil products shipments from TotalEnergies' Donges and La Mede refineries were disrupted on Thursday, a company spokesperson said, with 20% of operational staff having joined strike action over the government's pension reforms. 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 $904-$9 $902-$92 Total Gunvor Barges 07.50 4
Argus (11.2KT)
E5(fob
AR)
Ebob $922.25 $916.25- Shell Varo Barges -$924.7 $917.50
E10 5 (10KT)
Argus
(fob AR)
May swap $887.25 $896.50
fob ARA
Premium $948
Unleaded
(fob
ARA)
<PU-10PP
-ARA>
Cargoes
(fob
MED)
Cargoes
(cif
NEW)
Naphtha
(cif
NEW)
<NAF-C-N
WE>



Ebob crack (per barrel) $19.5 Prev. $20.2 Brent futures Rbob Rbob crack (Reporting by Ron Bousso; Editing by Kirsten Donovan)

email: ron.bousso@thomsonreuters.com Twitter: Tel.: +44 (0)207 542 2161 Reuters Messaging: ron.bousso.reuters.com@reuters.net))
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