Europe Gasoline/Naphtha — Gasoline refining margins recover
LONDON, Sept 29 (Reuters) — Northwest European gasoline refining margins recovered by $15.37 to $48.58 a barrel on Tuesday after falling sharply in the previous session. A total of 15,000 metric tons of gasoline E5 barges traded, with ExxonMobil, Glencore and Equinor selling to BP, Varo, Gunvor and Vitol. A further 13,000 tons of gasoline E10 barges traded, with Trafigura, Glencore and BGN selling to Varo, Vitol, Equinor and MB Energy. Oil futures declined on Tuesday as investors focused on signs of recovering crude exports from the Middle East and lingering concerns over potential supply disruptions in the region stemming from the US-Israeli war on Iran. O/R Trade Bid Offer Prev. Seller Buyer Ebob Barges MOC Platts E5 (fob ARA) Ebob Barges E10 Platts (fob ARA) Ebob $1170 $1166.2 Exxon, BP, Barges (15KT) 5 (6KT) Glenco Varo, Argus E5 re, Gunvor, (fob ARA) Equino Vitol r Ebob $1153 $1145.5 Trafig Varo, Barges E10 (13KT) 0 (3KT) ura, Vitol, Argus (fob Glenco Equinor ARA) re,, MB BGN Energy October $1118.2 $1137 swap 5 Premium Unleaded (fob ARA) Cargoes (fob MED) Cargoes (cif NWE) Naphtha (cif NWE) Ebob crack $48.58 Prev. $33.21 (per barrel) Brent futures Rbob Rbob crack (Reporting.