Northwest European gasoline refining margins dropped $1.05 to $21.85 per barrel on Thursday.
ARA gasoline inventories fell 7% to 1.03 million tons, driven by strong exports to the United States, the Mediterranean and West Africa, according to Lars van Wageningen of Insights Global.
Trafigura sold 2,000 mt of Eurobob E5 gasoline to TotalEnergies, another 2,000 mt of Eurobob E10 to Varo, and a cargo to BP at a $21 per ton premium on FOB Rijeka terms.
Crimea halted all cash gasoline sales and stopped issuing new purchase coupons amid heightened rationing and supply constraints linked to Ukrainian drone strikes.
