Europe gasoline/naphtha-gasoline refining margins tumble
USO•Northwest European gasoline refining margins fell $11.20 to $33.21 a barrel on Monday, the first day of winter-only barge trade. EU-27 and UK gasoline exports to other regions averaged 959,000 barrels per day from September 1-28, up from 681,000 bpd last month.
1. Margins and trades
Northwest European gasoline refining margins fell to $33.21 a barrel on Monday from $44.41. A total of 6,000 metric tons of gasoline E5 barges traded, with ExxonMobil selling to Gunvor and Vitol, and 3,000 tons of E10 barges traded, with Shell selling to Trafigura.
2. Tender and exports
Sri Lanka's Ceypetco issued a tender to buy 1.5 million barrels of 92 RON gasoline across five cargoes during the first half of 2027, with offers due by October 27. EU-27 and UK gasoline exports to other regions averaged 959,000 barrels per day from September 1-28, Kpler data showed, compared with 681,000 bpd last month.
