Europe Gasoline/Naphtha-Gasoline margins jump on firm demand

LONDON, April 14 (Reuters) - Northwest European gasoline refining profit rose by nearly $2 a barrel on Monday, supported by firmed buying activity.

• A total of 7,000 metric tons of Eurobob E5 traded, with BP and Trafigura selling to Litasco, BMV, Mabanaft, and TotalEnergies.

• Another 12,000 tons of Eurobob E10 traded as Shell and Litasco sold to Varo and TotalEnergies.

• France's road fuel deliveries in March stood at 3.82 million cubic metres, down 2.8% from March 2024 levels, data from the country's petroleum association UFIP showed. The decline came as a 5.4% drop in diesel deliveries outweighed a 3.5% rise in gasoline, the data showed.

• The share of diesel in French road fuel consumption fell by 1.9 percentage points compared to March 2024 to reach 68.9%, UFIP said.

• Nigeria's Dangote oil refinery has issued a tender to sell 80,000-88,000 metric tons of reduced crude oil (RCO), an atmospheric residue similar to fuel oil, a document seen by Reuters showed.

• "We will not have RCO once we go to 100% utilisation in (the) RFCC (residue fluid catalytic cracker)," said Devakumar Edwin, a vice president at Dangote Industries, without specifying the current run rates on the unit.

• The tender closes on April 15, with the loading dates for offtake over April 24-26.