LONDON, March 29 (Reuters) – Benchmark northwest European gasoline margins jumped to around $10 a barrel on Monday, their highest since late 2019, as the assessment switched to summer-grade gasoline which is typically more expensive than winter grade. * Oil prices fell as a container ship that has blocked the Suez Canal for nearly a week was refloated and traffic in the waterway resumed, while fuel demand in Europe remained weak. * However, disruptions in the global shipping industry could take weeks and possibly months to clear, top container shipping lines said. * The Organization of the Petroleum Exporting Countries and its allies including Russia are expected to maintain lower output levels when they meet this week. * Chevron Corp has emerged as a leading contender to buy a Royal Dutch Shell Plc refinery in the U.S. Pacific Northwest, three people familiar with the matter said on Friday. * Gasoline stocks held in independent storage in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 2.4% to 1.41 million tonnes, helped by rising exports to West Africa, data from Insights Global showed. * U.S. gasoline stocks rose last week by 203,000 barrels to 232.3 million barrels, the Energy Information Administration said on Wednesday. Gasoline (in tonnes) Trades Bids Offers Prev. Sellers Buyers (vol.) Trades Ebob $612 $615 $609 Barges MOC Platts E5 (fob ARA) <EUROBOB -ARA> Ebob Barges E10 Platts(f ob ARA) Ebob $611.75 WINTER: Vitol, Mabanaf Barges to $567- Litasco t, BP, Argus $622.25 $580.25 BMW E5(fob AR) SUMMER: $601.25 Ebob WINTER: Barges $567.50 E10 Argus (fob AR) April $614.25 $611.50 swap fob ARA Premium $622-$624 $621 Litasco BP, Unleaded , BP Total, (fob Litasco ARA) <PU-10PP -ARA> Cargoes (fob MED) Cargoes $625(T (cif hames) NWE) Naphtha (cif NWE) <NAF-C-N WE> Ebob crack (per barrel) $10 prev. $7.1 Brent futures Rbob Rbob crack <RBc1-CLc1> (Reporting by Shadia Nasralla; Editing by Krishna Chandra Eluri)
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