LONDON, May 16 (Reuters) - Northwest European gasoline refining margins were little changed on Thursday at $17.20 a barrel after data showed a sharp drop in regional supplies.
A total of 22,000 metric tons of Eurobob E5 traded in the Argus window, with BP selling to Gunvor, Mabanaft and Exxon.
Around 4,000 tons of Eurobob E10 traded, with Shell selling to Mabanaft and Gunvor.
- Gasoline stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by 7.5% during the week to Thursday, data from Dutch consultancy Insights Global showed.
- Gasoline stocks stood at 898,000 metric tons, their lowest since late January, amid slowing blending activity, Insight Global's Lars van Wageningen said.
- U.S. gasoline stocks USOILG=ECI fell by 235,000 barrels last week to 227.8 million barrels, the Energy Information Administration said, compared with expectations in a Reuters poll for a 537,00-barrel build.
- Gasoline product supplied was at 8.9 million bpd last week, up slightly from the week before. However, the four-week average for product supplied of gasoline was at 8.7 million bpd, versus 9.1 million bpd for the same period last year.
- Gasoline exports from the EU and UK are on track to reach 717,000 bpd so far this month, Kpler data showed, down from 1.108 million bpd in April.
Trade Bid Offer Prev. Buyer Seller Ebob $839Barges MOC Platts E5 (fob ARA)
Ebob Barges E10 Platts(fo b ARA) Ebob $859.50 $845.25 BP Gunvor, Barges (12 KT) Exxon, Argus MabanafE5(fob t AR)
Ebob $855.25 $843.25 Shell Mabanaf Barges , (6KT) t, E10 Argus $860.50 Gunvor(fob AR) June swap $858.50 $844 (fob ARA)
Premium $866 $836 (2 Unleaded barges)(fob ARA)
Cargoes $846 May (fob MED) +$11Cargoes $881 (cif NEW) Naphtha May +$6 (cif NEW)
Ebob crack (per barrel) $17.19 Prev. $17.20 Brent futures LCOc1 Rbob RBc1 Rbob crack RBc1-CLc1
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LONDON, May 16 (Reuters) - Northwest European gasoline refining...
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