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European Gasoline Barges Gain; Gasoil Futures Crack Widens

November 24 2010, 09:12

FMX | Connect – www.fmxconnect.com - (Reported 11/24/2010)

European Gasoline Barges Gain; Gasoil Futures Crack Widens

Source: Bloomberg

Gasoline barges for immediate loading in Amsterdam- Rotterdam-Antwerp traded at $752 and $760 a metric ton, according to a Bloomberg survey of traders and brokers monitoring the Argus Bulletin Board. That compares with deals yesterday from $735 to $745 a ton.

Royal Dutch Shell Plc bought the 3,000 tons that changed hands from Glencore International AG and Gunvor International Ltd. The trades are for Eurobob grade, to which ethanol is added to make finished automotive fuel. For full article, click here.

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