Europe Gasoline/Naphtha-Gasoline refining margins inch lower
XLE•Refining margins and market trade update
LONDON, Aug. 12 (Reuters) - Northwest European gasoline refining margins fell slightly to $40.06 a barrel on Wednesday.
- About 3,000 metric tons of gasoline E5 barges traded, with Equinor and Gunvor selling to TotalEnergies and Varo.
- Another 5,000 metric tons of gasoline E10 barges traded, with Gunvor selling to TotalEnergies and Varo.
- U.S. gasoline and distillate inventories fell by 1 million barrels in the week to 208.7 million barrels, the Energy Information Administration said on Wednesday.
- Russia's mid-sized Orsknefteorgsintez oil refinery ceased processing on August 11 after a fire that followed a Ukrainian drone attack, two industry sources said on Wednesday.
- EU-27 and UK gasoline exports have averaged just 402,000 bpd so far in August, according to Kpler data, down from 982,000 bpd in July.
