NewsSignals AI analysis·Reuters·
Gasoline refining margins slip
Grade Bbearish AI signal$BRENT
Northwest European gasoline refining margins dropped nearly $4 per barrel to $18.95, as rising crude prices squeezed refinery returns despite sharply lower regional inventories. Gasoline stocks at the Amsterdam-Rotterdam-Antwerp hub fell more than 14% on the week to 707,000 metric tons, their lowest level since September 2021, while trading volumes plunged to 4,000 tons from 38,000 tons in the previous session. Persistently tight gasoline inventories could support product prices, but elevated crude costs and weakening refining margins may continue to pressure refinery profitability.
Bullish strength: 35/100
- ARA gasoline inventories fell more than 14% weekly to 707,000 metric tons, the lowest level since September 2021.
- Higher exports and reduced production contributed to declining gasoline stocks.
Bearish strength: 65/100
- Northwest European gasoline refining margins fell nearly $4 per barrel to $18.95.
- Rising crude prices weighed on refinery returns.
- Argus gasoline trading volumes fell to 4,000 tons from 38,000 tons in the previous session.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.