Europe Gasoline/Naphtha-Gasoline refining margins fall
Reuters2026/07/29 16:57LONDON, July 29 (Reuters) - Northwest European gasoline refining margins fell from the previous session, down $1.49 to $42.55 a barrel on Wednesday as crude prices rose.
A total of 2,000 metric tons of Eurobob E5 barges traded on Argus, with ExxonMobil selling to Gunvor.
Another 2,000 tons of Eurobob E10 barges traded on Argus, with Finco selling to Varo.
Exxon Mobil sold an E5 barge to Trafigura in the Platts window.
U.S. gasoline stocks USOILG=ECI rose by 7,000 barrels in the week to 211.3 million barrels, the Energy Information Administration said on Wednesday.
Thirty-nine commodity ships passed through the Bab el-Mandeb strait on Tuesday, the highest number since July 19, while five transited on Wednesday, preliminary shipping data showed, with only a few transiting through the Strait of Hormuz.
Motiva Enterprises is repairing a boiler on the shut gasoline-producing fluidic catalytic cracking unit at its 656,400 barrel-per-day Port Arthur, Texas, refinery, two people familiar with plant operations said on Tuesday.
|
Trade |
Bid |
Offer |
Prev. |
Seller |
Buyer |
Ebob Barges MOC Platts E5 (fob ARA) |
$1125 |
$1086 |
Exxon |
Trafigura |
||
Ebob Barges E10 Platts (fob ARA) |
|
|
|
|
|
|
Ebob Barges Argus E5 (fob ARA) |
$1116.75 (2KT) |
|
$1076.25 (6KT) |
Exxon |
Gunvor |
|
Ebob Barges E10 Argus (fob ARA) |
$1100.75 on 3KT (1KT assessed) |
|
$1066.25 on 3KT (1KT assessed) |
Finco |
Varo |
|
August swap |
$1050.50 |
|
$1010.25 |
|||
Premium Unleaded (fob ARA) |
|
|
|
|||
Cargoes (fob MED) |
|
|
|
|
|
|
Cargoes (cif NEW) |
|
|
|
|
|
|
Naphtha (cif NEW) |
|
|
|
|
|
|
Ebob crack (per barrel) |
$42.55 |
Prev. $44.04 |
Brent futures |
LCOc1 |
|
Rbob |
RBc1 |
|
Rbob crack |
|
|
(Reporting by Enes Tunagur; Editing by Kirsten Donovan)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP to $25? Expert Reveals the Math They Never Show You
Why Intel Stock Surged After Trump Promised $5,000 to Every American
EXCLUSIVE-Nvidia in talks to invest in Anthropic’s mega IPO, sources say
The Woman Fixing a Microsoft Mess With Brutal Honesty -- WSJ