LONDON, Jan 22 (Reuters) - Northwest European gasoline refining profit margins were little changed at about $6.82 a barrel on Wednesday as trading activity remained limited.
* Vitol sold to TotalEnergies one Eurobob E5 barge during the Argus trading window. Trading liquidity in the E5 market has been subdued this month.
* A further 10,000 metric tons of E10 gasoline were traded, as BP bought from Shell and TotalEnergies.
* Economics for exporting gasoline from Europe to Latin America and West Africa remained open although rising freight rates weighed on arbitrage margins to North America, Sparta Commodities analysts said in a note.
* "Whilst the EBOB contango has reduced slightly, there is still plenty of incentive to fill tanks at current levels, and this remains the most likely outlet for gasoline components and cargoes in ARA at the moment," Sparta said.
* EU and UK gasoline exports are on track to reach 904,000 barrels per day this month, Kpler data showed, compared with 951,000 bpd in December.
Trade Bid Offer Prev. Seller Buyer
Ebob Barges
MOC Platts
E5
(fob ARA)
A> Ebob Barges E10 Platts (fob ARA) Ebob Barges $725.50 $725.75 Vitol TotalE Argus E5 (2KT) nergie (fob AR) s Ebob Barges $719.75 $717.75- Shell, BP E10 Argus (10KT) $721.50 Total (fob AR) Feb. swap $722.50 $728 (fob ARA) Premium Unleaded (fob ARA) A> Cargoes Feb Feb (fob MED) -$1 -$2 Cargoes (cif NWE) Naphtha (cif NWE) Ebob crack (per barrel) $6.82 Prev. $6.88 Brent futures Rbob Rbob crack (Reporting by Ahmad Ghaddar;Editing by Elaine Hardcastle) ((Ahmad.Ghaddar@thomsonreuters.com; +442075424435; Reuters Messaging: ahmad.ghaddar.thomsonreuters.com@reuters.net))
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