Northwest European gasoline barge margins fell to around $1.60 a barrel on Thursday despite a fall in regional stocks, as bloated US inventories weighed.
Gasoline stocks in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by over 8% to 1.03 million tonnes, data from Dutch consultancy Insights Global showed.
US gasoline stocks rose by 9.1 million barrels in the week to 251.6 million barrels, according to data from the US Energy Information Administration released on Wednesday, compared with expectations in a Reuters poll for a 2.7 million-barrel rise.
Saudi Aramco Total Refining and Petrochemical Company (SATORP) will conduct a scheduled maintenance on train 2 units at its oil refinery in Saudi Arabia, according to a statement on Wednesday on the Saudi stock exchange.
Spain's Petronor is taking offline the platforming unit 2 and the naphtha desulphuriser at its Bilbao oil refinery for scheduled maintenance, it said on Wednesday.
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