LONDON, Jan 16 (Reuters) - Northwest European gasoline refining profit margins rose by around $1.50 to $5.49 per barrel on Thursday, despite gasoline inventories in the Amsterdam-Rotterdam-Antwerp $(ARA)$ hub reaching a fresh all-time high.
* Independently held gasoline stocks in the ARA trading and refining hub extended a record high of 1.54 million metric tons, up from 1.53 million tons, according to Dutch consultancy Insights Global.
* ARA gasoline exports reached their lowest since the Covid-19 pandemic in December at 485,000 barrels per day (bpd), as exports to Nigeria fell sharply, according to Kpler.
* About 4,000 metric tons of Eurobob E5 barges traded in the Argus window. Shell sold to Gunvor.
* A further 13,000 tons of E10 gasoline were traded.
* In the Platts window, Vitol sought a Mediterranean gasoline cargo. No trades were agreed as no buyers emerged.
Trade Bid Offer Prev. Seller Buyer
Ebob Barges $739.50
MOC Platts
E5
(fob ARA)
<EUROBOB-AR
A>
Ebob Barges
E10 Platts
(fob ARA)
Ebob Barges $727.50( $722 Shell Gunvor
Argus E5 4KT) (6KT)
(fob AR)
Ebob Barges $729 $721.25 Shell, Varo,
E10 Argus (13KT) (3KT) Sahara, Glenco
(fob AR) TotalEn re, BP
ergies,
ExxonMo
bil
Feb. swap $725 $739.50
(fob ARA)
Premium
Unleaded
(fob ARA)
<PU-10PP-AR
A>
Cargoes FOB
(fob MED) Med -
$1
Cargoes
(cif NWE)
Naphtha Jan - $4
(cif NEW)
Ebob crack (per barrel) $5.49 Prev. $3.92
Brent futures
Rbob
Rbob crack
(Reporting by Enes Tunagur; Editing by Vijay Kishore)
((Enes.Tunagur@thomsonreuters.com;))
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