LONDON: Northwest European gasoline refining margins fell on Tuesday, pressured by higher crude prices.
At least six tankers were booked in recent days to take gasoline from Europe on transatlantic journeys, according to shipping data.
Traders said the bookings were related to a major fire last week that completely destroyed the alkylation unit at the Philadelphia Energy Solutions refinery.
Italy's Milazzo oil refinery expects a crude unit (topping 3) which has been shut down since June 21 to return online on June 30, according to a spokesman for the plant.
Exxon Mobil Corp began restarting on Tuesday the large crude distillation unit (CDU) at its 369,024 barrel-per-day (bpd) Beaumont, Texas, refinery following a Monday power disruption, said sources familiar with plant operations
Valero Energy Corp is restarting the gasoline-producing unit at its 180,000 barrel-per-day (bpd) Memphis, Tennessee, refinery after completing a two-month overhaul on the unit, sources familiar with plant operations said on Tuesday.
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