23 September 2013 18:55 [Source: ICIS news]
LONDON (ICIS)--European gasoline barges traded at a wider range on Monday on the back of cheaper winter-spec sales, industry sources said.
Eurobob summer-spec gasoline traded at $978/tonne (€724/tonne) FOB (free on board) ARA (Amsterdam-Rotterdam-Antwerp), as Trafigura bought a 2,000-tonne barge from Swiss trading firm Gunvor.
Winter-spec gasoline traded $31/tonne lower at $947/tonne FOB ARA, as Trafigura sold two 2,000 tonnes barges to Gunvor.
Meanwhile, a winter-spec Eurobob barge was also offered in the open trading platform at $933/tonne FOB ARA, but there were no buyers.
At 15:30 GMT, the front-month November ICE Brent crude oil contract was trading at $107.89/bbl, down $1.33/bbl from the previous close.
Crude futures weakened late on Monday as concerns over the supply of crude oil eased with both Libya and Iraq increasing production. Two cargoes of unspecified Libyan crude are expected to be exported by the end of the week.
($1 = €0.74)
Follow Cuckoo James on Twitter
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections