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Europe Gasoline/Naphtha-Gasoline refining margins fall

Europe Gasoline/Naphtha-Gasoline refining margins fall

ReutersReuters2026/07/29 16:57
By: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)

((enes.tunagur@tr.com))

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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.

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