* Oil prices were stable after the European Central Bank (ECB) decided on
Thursday
to slow interest rate hikes, but were unable to claw back much of this week's
more than 9% decline as demand concerns in major consuming countries weighed.
* U.S. gasoline stocks rose last week by 1.7 million barrels to 222.9
million
barrels, EIA data showed, compared with forecasts for a 1.2 million-barrel drop. ?
* Northwest European gasoline exports for April stood at 1.39 million tonnes
as of
Friday, down from the 1.79 million tonnes exported the previous month, Refinitiv
data showed.
* Colonial Pipeline is allocating space for Cycle 28 on its main gasoline
line,
Line 1, with a capacity of 1.2 milliion barrels per day (bpd), the company said
in a notice sent to shippers on Thursday.
* China likely imported record volumes of petrochemical feedstocks naphtha
and
liquefied petroleum gas (LPG) in April, preliminary ship-tracking data showed,
on rising petrochemical demand as it recovers from the economic downturn
triggered by COVID-19 curbs.
Trades Bids Offers Prev. Sellers Buyers
(vol.) Trades
Ebob $762
Barges
MOC
Platts
E5
(fob
ARA)
<EUROBOB
-ARA>
Ebob
Barges
E10
Platts(f
ob ARA)
Ebob $752.75 $771-$78 Totsa, Trafigur
Barges -$754.7 2.75 Glencor a, BP,
Argus 5 e Mabanaft
E5(fob (7.2KT)
AR)
Ebob $750.50 $770-$78 Totsa, BP,
Barges -$756.2 1.75 Shell, Exxon,
E10 5 Sahara Varo,
Argus (18.7KT Mabanaft
(fob AR) )
June $723 $723
swap fob
ARA
Premium $753
Unleaded
(fob
ARA)
<PU-10PP
-ARA>
Cargoes
(fob
MED)
Cargoes
(cif
NEW)
Naphtha
(cif
NEW)
<NAF-C-N
WE>
Ebob crack (per barrel) $16.629 Prev. $19.995
Brent futures Rbob Rbob crack (Reporting by Noah Browning)
