Europe gasoline/naphtha-gasoline refining margins slide
USO•Northwest European gasoline refining margins fell $5.78 a barrel to $13.07 on Monday, while gasoline and component exports from the EU-27 and UK were on track to average 900,000 barrels per day in October, down from 1.03 million in September.
1. Margins fall
Northwest European gasoline refining margins fell $5.78 a barrel to $13.07 on Monday despite brisk trading activity, as exports were on track to drop.
2. Trading and exports
EU-27 and UK gasoline and component exports to other regions were on track to average 900,000 barrels per day so far in October, Kpler data showed, down from an average of 1.03 million barrels per day for September. In trading, 16,000 metric tons of Eurobob E5 barges and 8,000 tons of E10 barges changed hands.
