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Tuesday, April 29, 2025
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Gasoline margins climb on lower inventories

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Northwest European gasoline profit margins rose by about 40 cents to $14.03 a barrel on Friday supported by lower inventories.

Trafigura sold two barges of Eurobob E5 to Litasco.

Sahara sold a barge of Eurobob E10 to BP.

Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by 8% on the week to their lowest since November 2024, data from Dutch consultancy Insights Global showed on April 24.

Gasoline stocks dropped to 1.28 million tons on higher seaborne exports to the Americas, Insight Global’s Lars van Wageningen said.

EU and UK gasoline and blending component exports to other regions are expected to reach 1.06 million barrels per day (bpd) in April, up from 865,000 bpd in March, Kpler data show.
Source: Reuters

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