Gasoline cracks fall

About this update from International Holding Company Pjsc

Northwest European gasoline profit margins fell $1.41 on Friday to $18.19 on thin trading. A total of 4,000 metric tons of Eurobob E5 gasoline barges traded with BP selling to Gunvor and MB Energy. No barges of Eurobob E10 gasoline traded in the session.BP LSE:BP. said its Olympic Pipeline remained shut on Thursday following a leak earlier this month near Everett, Washington. The 400-mile (644 km) system moves fuel from northern Washington to Oregon, including gasoline, diesel and jet fuel.Discounts for Russian flagship Urals crude in Indian ports have tripled since August against dated Brent as U.S. sanctions drive key buyers away from Moscow-supplied oil, three sources involved in the trade said.Abu Dhabi conglomerate International Holding Company ADX:IHC has told the U.S. Treasury it is interested in buying Russian oil group Lukoil's RUS:LKOH foreign assets, the company said in response to a Reuters enquiry.​Meanwhile, EU and UK gasoline exports are on track to reach 844,000 barrels per day in November, Kpler data shows, compared with 927,000 bpd last month.TradeBidOfferPrev.SellerBuyerEbob Barges MOC Platts E5(fob ARA)(EUROBOB-ARA) $698Ebob Barges E10 Platts (fob ARA)Ebob Barges Argus E5 (fob ARA)$681 -$684.50 (4KT)$697 (7KT)BPMB Energy, GunvorEbob Barges E10 Argus (fob ARA)$678(3KT assessed)$702 (4KT)Dec. swap (fob ARA)$632.75$640.50Premium Unleaded (fob ARA)(PU-10PP-ARA)Cargoes(fob MED)Cargoes (cif NWE)Naphtha(cif NWE)(NAF-C-NWE)Dec +$3Ebob crack (per barrel)$18.19Prev. $19.60Brent futuresICEEUR:BRN1!RbobTOCOM:THU1!Rbob crack(RBc1-CLc1)

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