Northwest European gasoline margins rise on tight supplies
LONDON, Aug. 17 (Reuters) - Northwest European gasoline refining margins gained almost $3 to $39.25 a barrel on Tuesday as tight supplies lent support.
About of gasoline E5 barges traded, with selling to .
Another 11,000 tons of gasoline E10 barges traded, with Exxon, Sahara and Shell selling to Varo, ATL and MB Energy.
Saudi Aramco resumed oil loading from inside the Strait of Hormuz last week and has more tankers waiting to load as the state energy giant offers heavy crude cargoes for spot trade, according to shipping data and trade sources.
U.S. President Donald Trump said on Tuesday that no talks were taking place with Iran and none were scheduled. He also said the Strait of Hormuz was open, contradicting an earlier Iranian assertion that the critical waterway remained shut to shipping.
Elsewhere, China's exports of refined oil products in July fell by 12.9% year on year but were up 6.7% from the previous month, customs data showed on Tuesday, as the easing of export curbs allowed refiners to ship more fuel overseas.
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