LONDON, April 24 (Reuters) - Northwest European gasoline refining margins edged higher on Wednesday to $19.50 a barrel after data showed a drop in U.S. inventories.
- A total of 6,000 metric tons of Eurobob E10 traded, and another 8,000 metric tons of E5 traded.
- U.S. gasoline stocks fell last week by 600,000 barrels to 226.7 million barrels, the EIA said, compared with forecasts for a 1.8 million-barrel draw.
- European gasoline exports in April are on track to reach 1.18 million barrels per day, Kpler data showed, higher than March's 1.06 million bpd.
- U.S refiners' first quarter profits are expected to fall from recent records, when earnings soared following Russia's invasion of Ukraine in 2022, but overall will continue to draw support from disruptions in Russia and heavy refinery maintenance.
Trade Bid Offer Prev. Buyer Seller EbobBarges MOC Platts E5 (fob ARA)
Ebob Barges E10 Platts(fo b ARA) Ebob $916.7 $901.75 Trafigu Litasco Barges 5-$919 (7KT) ra, , Total Argus .50 Varo E5(fobAR)
Ebob $912.2 $897 Shell Varo, Barges 5-$912 (14KT) Mabanaf E10 Argus .50 t(fob AR) May swap $917 $908.50 (fob ARA)
Premium $932-$ $925 (5 Vitol Musket Unleaded 933 barges)(fob ARA)
Cargoes May (fob MED) +$10 Cargoes (cif NEW) Naphtha May +$8 (cif NEW) Ebob crack (per barrel) $19.50 Prev. $19.16 Brent futures LCOc1 Rbob RBc1 Rbob crack RBc1-CLc1
