The large hydrocracking unit was running normally on Tuesday at Motiva Enterprises' 603,000-barrel-per-day (bpd) Port Arthur, Texas, refinery after restarting during the weekend, said sources familiar with plant operations. The chief executive of Portugal's Galp said on Tuesday that it had scheduled maintenance at its 110,000 bpd Matosinhos refinery in the fourth quarter this year.
Galp's CEO added that it had completed scheduled maintenance in the first quarter of this year at its 220,000 bpd Sines refinery in less than 30 days. No barges of eurobob gasoline traded in the afternoon session. A bid surfaced at $598 a tonne.
Elsewhere, 10,000 tonnes on gasoline barges traded at $609-$610 a tonne fob Amsterdam-Rotterdam, up from deals at $605 a tonne on Monday. Varo, BP and Glencore sold to Gunvor, Shell and Finco. Statoil sold to Total four barges of premium unleaded gasoline. One was done at $618, two at $619 and another at $620 a tonne fob ARA, down from a deal at $624 a tonne fob ARA on Monday.
In the Mediterranean, Gunvor sold a 27,000-tonne cargo to Vitol at $606 a tonne cif Med. The March swap stood at $598.25 a tonne, down from $604 a tonne at the close.
The benchmark EBOB gasoline refining margin declined to $8.18 a barrel up from $6.78 a barrel at the close. Brent crude futures were 12 cents higher at $61.67 a barrel by 1633 GMT.