Europe Gasoline/Naphtha-Gasoline margins firm as exports recover

Reuters

Dec 03, 2024

LONDON, Dec 2 (Reuters) - Northwest European gasoline refining profits rose by about 66 cents to $6.40 a barrel on Monday, supported by a rise in export activity.

* About 10,000 metric ton of Eurobob E10 traded in the Argus window as Shell sold to Varo, BP, and TotalEnergies.

* Another 4,000 tons of Eurobob E5 barges traded, with Shell selling to ExxonMobil and Mabanaft.

* EU and UK gasoline exports reached 1.08 million barrels per day (bpd) in November, up 30% from October levels and their highest since August, Kpler data showed.

* Exports to West Africa reached 340,000 bpd, up from 243,000 bpd in October, the data showed.

* Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp $(ARA)$ refining and storage hub fell by 8.5% in the week to Nov. 28, data from Dutch consultancy Insights Global showed.

Trade Bid Offer Prev. Seller Buyer

Ebob

Barges MOC

Platts E5

(fob ARA)

<EUROBOB-A

RA>

Ebob

Barges E10

Platts

(fob ARA)

Ebob $659 on $662.2 Shell, Exxon,

Barges 4KT 5 Musket Mabana

Argus E5 (16KT) ft

(fob AR)

Ebob $660.50 $668.2 Shell Varo,

Barges E10 on 10KT 5 on BP,

Argus (fob 3KT Total

AR) (1KT

assess

ed)

Jan swap $653 $662.7

(fob ARA) 5

(Dec.)

Premium

Unleaded

(fob ARA)

<PU-10PP-A

RA>

Cargoes

(fob MED)

Cargoes

(cif NWE)

Naphtha Dec

(cif NWE) -$4

<NAF-C-NWE

>

Ebob crack (per barrel) $6.40 Prev. $5.74

Brent futures

Rbob

Rbob crack

(Reporting by Ahmad Ghaddar, Editing by Louise Heavens and Shreya Biswas)

((Ahmad.Ghaddar@thomsonreuters.com; +442075424435; Reuters Messaging: ahmad.ghaddar.thomsonreuters.com@reuters.net))

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2488604853"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2488604853\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2488604853?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-03 02:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2488604853","market":"us","top_or_hot":-1,"title":"Europe Gasoline/Naphtha-Gasoline margins firm as exports recover","media":"Reuters","content":"<html><body><p>LONDON, Dec 2 (Reuters) - Northwest European gasoline refining profits rose by about 66 cents to $6.40 a barrel on Monday, supported by a rise in export activity.  </p><p>   * About 10,000 metric ton of Eurobob E10 traded in the Argus window as Shell sold to Varo, BP, and TotalEnergies. </p><p>   * Another 4,000 tons of Eurobob E5 barges traded, with Shell selling to ExxonMobil and Mabanaft.</p><p>   * EU and UK gasoline exports reached 1.08 million barrels per day (bpd) in November, up 30% from October levels and their highest since August, Kpler data showed. </p><p>   * Exports to West Africa reached 340,000 bpd, up from 243,000 bpd in October, the data showed. </p><p>   * Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp <a href=\"https://laohu8.com/S/ARA\">$(ARA)$</a> refining and storage hub fell by 8.5% in the week to Nov. 28, data from Dutch consultancy Insights Global showed.</p><p>             Trade     Bid     Offer   Prev.   Seller  Buyer</p><p>Ebob                                                  </p><p>Barges MOC                                            </p><p>Platts E5                                             </p><p>(fob ARA)                                             </p><p>&lt;EUROBOB-A                                            </p><p>RA&gt;                                                   </p><p>Ebob                                                  </p><p>Barges E10                                            </p><p>Platts                                                </p><p>(fob ARA)                                             </p><p>Ebob        $659 on                   $662.2  Shell,  Exxon,</p><p>Barges      4KT                       5       Musket  Mabana</p><p>Argus E5                              (16KT)          ft</p><p>(fob AR)                                              </p><p>Ebob        $660.50                   $668.2  Shell   Varo,</p><p>Barges E10  on 10KT                   5 on            BP,</p><p>Argus (fob                            3KT             Total</p><p>AR)                                   (1KT            </p><p>                                      assess          </p><p>                                      ed)             </p><p>Jan swap    $653                      $662.7          </p><p>(fob ARA)                             5               </p><p>                                      (Dec.)          </p><p>Premium                                               </p><p>Unleaded                                              </p><p>(fob ARA)                                             </p><p>&lt;PU-10PP-A                                            </p><p>RA&gt;                                                   </p><p>Cargoes                                               </p><p>(fob MED)                                             </p><p>Cargoes                                               </p><p>(cif NWE)                                             </p><p>Naphtha                       Dec                     </p><p>(cif NWE)                     -$4                     </p><p>&lt;NAF-C-NWE                                            </p><p>&gt;                                                     </p><p>Ebob crack (per barrel)   $6.40          Prev. $5.74</p><p>Brent futures               </p><p>Rbob                        </p><p>Rbob crack                  </p><p>(Reporting by Ahmad Ghaddar, Editing by Louise Heavens and Shreya Biswas)</p><p>((Ahmad.Ghaddar@thomsonreuters.com; +442075424435; Reuters Messaging: ahmad.ghaddar.thomsonreuters.com@reuters.net))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEurope Gasoline/Naphtha-Gasoline margins firm as exports recover\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-12-03 02:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>LONDON, Dec 2 (Reuters) - Northwest European gasoline refining profits rose by about 66 cents to $6.40 a barrel on Monday, supported by a rise in export activity.  </p><p>   * About 10,000 metric ton of Eurobob E10 traded in the Argus window as Shell sold to Varo, BP, and TotalEnergies. </p><p>   * Another 4,000 tons of Eurobob E5 barges traded, with Shell selling to ExxonMobil and Mabanaft.</p><p>   * EU and UK gasoline exports reached 1.08 million barrels per day (bpd) in November, up 30% from October levels and their highest since August, Kpler data showed. </p><p>   * Exports to West Africa reached 340,000 bpd, up from 243,000 bpd in October, the data showed. </p><p>   * Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp <a href=\"https://laohu8.com/S/ARA\">$(ARA)$</a> refining and storage hub fell by 8.5% in the week to Nov. 28, data from Dutch consultancy Insights Global showed.</p><p>             Trade     Bid     Offer   Prev.   Seller  Buyer</p><p>Ebob                                                  </p><p>Barges MOC                                            </p><p>Platts E5                                             </p><p>(fob ARA)                                             </p><p>&lt;EUROBOB-A                                            </p><p>RA&gt;                                                   </p><p>Ebob                                                  </p><p>Barges E10                                            </p><p>Platts                                                </p><p>(fob ARA)                                             </p><p>Ebob        $659 on                   $662.2  Shell,  Exxon,</p><p>Barges      4KT                       5       Musket  Mabana</p><p>Argus E5                              (16KT)          ft</p><p>(fob AR)                                              </p><p>Ebob        $660.50                   $668.2  Shell   Varo,</p><p>Barges E10  on 10KT                   5 on            BP,</p><p>Argus (fob                            3KT             Total</p><p>AR)                                   (1KT            </p><p>                                      assess          </p><p>                                      ed)             </p><p>Jan swap    $653                      $662.7          </p><p>(fob ARA)                             5               </p><p>                                      (Dec.)          </p><p>Premium                                               </p><p>Unleaded                                              </p><p>(fob ARA)                                             </p><p>&lt;PU-10PP-A                                            </p><p>RA&gt;                                                   </p><p>Cargoes                                               </p><p>(fob MED)                                             </p><p>Cargoes                                               </p><p>(cif NWE)                                             </p><p>Naphtha                       Dec                     </p><p>(cif NWE)                     -$4                     </p><p>&lt;NAF-C-NWE                                            </p><p>&gt;                                                     </p><p>Ebob crack (per barrel)   $6.40          Prev. $5.74</p><p>Brent futures               </p><p>Rbob                        </p><p>Rbob crack                  </p><p>(Reporting by Ahmad Ghaddar, Editing by Louise Heavens and Shreya Biswas)</p><p>((Ahmad.Ghaddar@thomsonreuters.com; +442075424435; Reuters Messaging: ahmad.ghaddar.thomsonreuters.com@reuters.net))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DDG","symbol_name":"ProShares做空石油与天然气ETF","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2488604853","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488604853","pubTimestamp":1733162681,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"LONDON, Dec 2  - Northwest European gasoline refining profits rose by about 66 cents to $6.40 a barrel on Monday, supported by a rise in export activity.     * About 10,000 metric ton of Eurobob E10 traded in the Argus window as Shell sold to Varo, BP, and TotalEnergies.    * Another 4,000 tons of Eurobob E5 barges traded, with Shell selling to ExxonMobil and Mabanaft.   * EU and UK gasoline exports reached 1.08 million barrels per day  in November, up 30% from October levels and their highest since August, Kpler data showed.    * Exports to West Africa reached 340,000 bpd, up from 243,000 bpd in October, the data showed.    * Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp  refining and storage hub fell by 8.5% in the week to Nov. 28, data from Dutch consultancy Insights Global showed.             Trade     Bid     Offer   Prev.   Seller  BuyerEbob                                                  Barges MOC                                            Platts E5    ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DDG":"ProShares做空石油与天然气ETF","XOM":"埃克森美孚","DUG":"二倍做空石油与天然气ETF(ProShares)","UCO":"二倍做多彭博原油ETF","USO":"美国原油ETF","ARA":"American Renal Associates Holdings, Inc.","SCO":"二倍做空彭博原油指数ETF","DWT":"三倍做空原油ETN"},"translate_title":"欧洲汽油/石脑油-随着出口复苏，汽油利润率坚挺","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BZmain":0.6,"ARA":1,"RBmain":0.9,"UCO":0.6,"DUG":0.6,"DDG":0.6,"DWT":0.6,"CLmain":0.9,"SCO":0.6,"USO":0.6,"XOM":0.9,"QMmain":0.9},"content_text":"LONDON, Dec 2 (Reuters) - Northwest European gasoline refining profits rose by about 66 cents to $6.40 a barrel on Monday, supported by a rise in export activity.     * About 10,000 metric ton of Eurobob E10 traded in the Argus window as Shell sold to Varo, BP, and TotalEnergies.    * Another 4,000 tons of Eurobob E5 barges traded, with Shell selling to ExxonMobil and Mabanaft.   * EU and UK gasoline exports reached 1.08 million barrels per day (bpd) in November, up 30% from October levels and their highest since August, Kpler data showed.    * Exports to West Africa reached 340,000 bpd, up from 243,000 bpd in October, the data showed.    * Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp $(ARA)$ refining and storage hub fell by 8.5% in the week to Nov. 28, data from Dutch consultancy Insights Global showed.             Trade     Bid     Offer   Prev.   Seller  BuyerEbob                                                  Barges MOC                                            Platts E5                                             (fob ARA)                                             <EUROBOB-A                                            RA>                                                   Ebob                                                  Barges E10                                            Platts                                                (fob ARA)                                             Ebob        $659 on                   $662.2  Shell,  Exxon,Barges      4KT                       5       Musket  MabanaArgus E5                              (16KT)          ft(fob AR)                                              Ebob        $660.50                   $668.2  Shell   Varo,Barges E10  on 10KT                   5 on            BP,Argus (fob                            3KT             TotalAR)                                   (1KT                                                  assess                                                ed)             Jan swap    $653                      $662.7          (fob ARA)                             5                                                     (Dec.)          Premium                                               Unleaded                                              (fob ARA)                                             <PU-10PP-A                                            RA>                                                   Cargoes                                               (fob MED)                                             Cargoes                                               (cif NWE)                                             Naphtha                       Dec                     (cif NWE)                     -$4                     <NAF-C-NWE                                            >                                                     Ebob crack (per barrel)   $6.40          Prev. $5.74Brent futures               Rbob                        Rbob crack                  (Reporting by Ahmad Ghaddar, Editing by Louise Heavens and Shreya Biswas)((Ahmad.Ghaddar@thomsonreuters.com; +442075424435; Reuters Messaging: ahmad.ghaddar.thomsonreuters.com@reuters.net))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}