Europe Gasoline/Naphtha-Cracks strengthen, slowing exports weigh

May 5 (Reuters) - Northwest European gasoline refining margins rose to about $14.80 a barrel on Friday, but slowing export activity from the region and higher inventories on both sides of the Atlantic capped further gains.

* Northwest European exports in April on the transatlantic and West African routes were estimated at 1.63 million tonnes, down from 1.89 million tonnes exported last month, Refinitiv data showed.
* Gasoline stocks in independent storage in the Amsterdam-Rotterdam-Antwerp region rose slightly to 1.3 million tonnes in the week to Thursday, data from Dutch consultancy Insights Global showed.
* 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. ?
*
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 $770.50 $752.75- Gunvor, BP, Barges (7.9KT) $754.75 Glencor Shell, Argus (7.2KT) e Exxon E5(fob
AR)
Ebob $766.50 $750.50- Glencor Exxon, Barges (6KT) $756.25 e, Varo E10 (18.7KT) Totsa
Argus
(fob AR)
June $744.50 $723
swap fob
ARA
Premium $781-$7 Trafigu Totsa Unleaded 82.50 ra
(fob
ARA)
<PU-10PP
-ARA>
Cargoes Med
(fob +$16
MED)
Cargoes
(cif
NEW)
Naphtha May -$5
(cif
NWE)
<NAF-C-N
WE>

Ebob crack (per barrel) $14.83 Prev. $13.92 Brent futures Rbob Rbob crack (Reporting by Ahmad Ghaddar; Editing by Kirsten Donovan)

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

Reuters

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

off-the-wire

Europe Gasoline/Naphtha-Cracks strengthen, slowing exports weigh

By Reuters

Reuters

Reuters

Gold is never going back to $2,000: 'That's history,' prices to 3x from here – Peter Schiff

‘Biggest economic shift since Nixon’: Major U.S. monetary policy changes coming in 12-36 months – Jack Mallers

India joins South Africa in denying BRICS currency plans after Trump’s 100% tariff threat

Solid price gains for gold, silver after busy news weekend

Bitcoin remains a ‘speculative vehicle’ and ‘won’t work’ as a reserve: ‘I prefer gold’ – Ray Dalio