European gasoline margins fall

31 Jan, 2021

LONDON: Benchmark northwest European gasoline margins fell to around $3.4 a barrel on Thursday, as weak demand due to coronavirus-related restrictions weighed on prices.

Gasoline stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) hub fell 6% in the week to Thursday, data from Dutch consultancy Insights Global showed, mainly due to strong exports.

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