Northwest European gasoline refining margins declined to $18.20 a barrel on Friday amid thin trading following a small rise in regional stocks.

Around 12,000 metric tons of Eurobob E10 traded, with Shell and Gunvor selling to Equinor, TotalEnergies and Varo.

A total of 6,000 tons of Eurobob E5 traded in the Argus window, with Shell and BP selling to Gunvorand Exxon.

Gasoline stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 1% to 2.34 million tons during the week to Thursday, data from Dutch consultancy Insights Global showed.

U.S. government forecasters said on Thursday the 2024 Atlantic hurricane season is shaping up to be “extraordinary” where past experience with tropical storms cannot serve as a prologue.

U.S. gasoline stocks fell last week by 945,000 barrels to 226.8 million barrels, EIA data showed, more than forecasts for a 729,000-barrel draw.
Source: Reuters (Reporting by Ron Bousso, Editing by Louise Heavens)