LONDON, Aug. 14 (Reuters) - Northwest European gasoline refining margins rose by $1.74 to $43.39 a barrel on Friday, extending gains for the second consecutive session.
About 2,000 metric tons of gasoline E5 barges traded, with selling to .
Another 16,000 metric tons of gasoline E10 barges traded, with Shell selling to TOTSA.
China will lower domestic retail price caps on gasoline and diesel from Saturday, the National Development and Reform Commission said in a notice on Friday, the fifth cut this year.
Earlier this week, a blast at a storage facility for petroleum products at the Netherlands' Rotterdam port killed one person and wounded six others, officials said, as police investigated the cause of the explosion. The port of Rotterdam is the largest in Europe and a major hub for crude oil and fuel imports and storage. It hosts Europe's largest oil refinery, Shell's 404,000-barrel-per-day Pernis plant, in addition to other oil refineries operated by BP, ExxonMobil, and Vitol.
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