Gasoline refining margins in Northwest Europe advanced to $40.04 per barrel on Friday, up from $38.85 per barrel a day earlier, as strong demand and tight supply conditions supported prices.
Trading volumes in the region’s gasoline barge markets rose, with approximately 10,000 metric tons of E5 gasoline changing hands. Exxon and Trafigura acted as sellers, while buyers included BP, MB Energy, Aramco and Totsa. An additional 8,000 metric tons of E10 gasoline were traded, with Gunvor and Sahara selling to Varo.
Independent gasoline inventories in the Amsterdam-Rotterdam-Antwerp (ARA) hub, a key European refining and storage center, increased by 3.7% to 877,000 metric tons for the week, according to data from Dutch consultancy Insights Global released on Thursday.
In the United States, gasoline stocks rose by 0.7 million barrels last week to reach 209.4 million barrels, the Energy Information Administration reported.
