LONDON, April 10 (Reuters) - Northwest European gasoline refinery profit margins fell by over $2 on Friday to about $20.13 a barrel, but remained underpinned by tight supplies and lower inventories.
A total of 26,000 metric tons of E5 gasoline barges traded in the Argus window, with BP, Equinor, Exxon Mobil, and Shell selling to TotalEnergies, MB Energy.
A single E5 barge also changed hands in the Platts window with BP selling to Trafigura.
There were no trades of E10 gasoline barges.
Gasoline stocks held independently in the Amsterdam-Rotterdam-Antwerp refining and storage hub fell 12.2% to 1.01 million tons on higher exports, going to places like Australia due to the higher demand there. ARA/
French oil major TotalEnergies TTEF.PA said on Friday that one of the SATORP refinery's processing trains in Saudi Arabia had been damaged after incidents that took place during the night of Tuesday to Wednesday, which prompted it to shut down the units as a safety precaution.
This came after Saudi Arabia said overnight that attacks on its energy facilities have cut the kingdom's oil production capacity and throughput on its East-West Pipeline, while also damaging refining capacity.
Russia's Black Sea port of Novorossiysk partially resumed oil and fuel loadings from its Sheskharis terminal late on Thursday after this week's suspension following a drone attack, said two sources familiar with the port's operations.
Shipping traffic around Belgium's Port of Antwerp has been partially halted because of an oil spill that has spread from one of the port's docks into the river Scheldt.
Mexican state oil firm Pemex said on Friday its Dos Bocas refinery remains operational after a fire broke out on Thursday.
Trade | Bid | Offer | Prev. | Seller | Buyer | |
Ebob Barges MOC Platts E5 (fob ARA) | $992 | $1003.00 | BP | Trafigura | ||
Ebob Barges E10 Platts (fob ARA) | ||||||
Ebob Barges Argus E5 (fob ARA) | $983.75 (26KT) | $989 (18KT) | BP, Equinor, Exxon Mobil, Shell | TotalEnergies, MB Enerfgy | ||
Ebob Barges E10 Argus (fob ARA) | $980.75 on 3KT (assessed | $987.50 (1.5KT + 1.5KT assessed) | ||||
May swap | $957 | $970.25 | ||||
Premium Unleaded (fob ARA) | ||||||
Cargoes (fob MED) | ||||||
Cargoes (cif NWE) | ||||||
Naphtha (cif NWE) |
Ebob crack (per barrel) | $20.14 | Prev. $22.32 |
Brent futures | LCOc1 | |
Rbob | RBc1 | |
Rbob crack | ||
(Reporting by Ahmad Ghaddar; Editing by Leroy Leo)
((Ahmad.Ghaddar@thomsonreuters.com; +442075424435; Reuters Messaging: ahmad.ghaddar.thomsonreuters.com@reuters.net/))
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