LONDON: Gasoline refining margins edged up from two-week lows on Monday, aided by a softer crude price and a pickup in exports.
One trading source said that in spite of Monday's tentative move higher, margins were still suffering from the strength in the dated Brent market.
Reuters shipping data showed vessels were booked on Friday to take nearly 130,000 tonnes of clean products out of Europe.
Several EU countries, including Italy, France and Spain, have delayed the adoption of stricter car engine emissions' tests, despite evidence that this has allowed pollution to go above legal limits, a draft report by the European Parliament said.
GASOLINE
There were no trades or bids or offers of benchmark Eurobob gasoline during the afternoon trading window.
No barges of premium unleaded gasoline traded and there were no bids or offers.
Earlier in the day, 6,000 tonnes of gasoline changed hands, at between $516.50 and $522.00 a tonne fob ARA, as Total sold to Finco and Varo and NIC sold to Trafigura.
This compares with trades around $514 a tonne on Friday.
The January swap stood at $521 a tonne at the close of the trading window, compared with $524 a tonne on Friday.
Gasoline barge refining margins edged up a touch to $7.76 a barrel, from around $6.88 a barrel late on Friday.
US December RBOB gasoline futures were trading 0.24 percent lower at $1.553 a gallon by 1635 GMT.
The US gasoline crack traded at $13.37 a barrel, compared with $13.95 a barrel on Friday.
NAPHTHA Glencore sold Vilma 12,500 tonnes at $462.50 a tonne cif NWE for delivery Jan 9-Jan 13.
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