Europe Gasoline-Rallies further to 28-mth highs
LONDON, Jan 17 (Reuters) - Gasoline barge prices in northwest Europe climbed further on Monday to fresh 28-month highs on unseasonal refinery maintenance in France.
Traders said maintenance at France Exxon's Fos-sur-Mer refinery, expected to continue for five weeks after starting on Friday, had contributed to the upturn. The plant normally produces 115,000 barrels a day [REF/E].
The Fos-sur-Mer outage was "definitely" helping, one trader said, while maintenance to come in the Mediterranean in February had also supported prices, he added.
Barge trade into Germany, France and Switzerland along the river Rhine remained closed for a fifth day by a capsized tanker loaded with sulphuric acid and German navigation authorities said the route could be blocked until the weekend [ID:nLDE70G1EY].
* Barges of benchmark Eurobob traded at $864-$868 a tonne fob ARA on Monday, up from $861-$865 at the end of last week. Prices topped Friday's 28-month high of $864 a tonne fob ARA, rising to $866 during the window in the afternoon.
* Some 3,000 tonnes traded on Monday, with Shell picking up two cargoes from Gunvor.
* Premium unleaded gasoline traded at $874-$878 a tonne fob ARA in thin trade on Monday, up from $868-$872 a tonne fob ARA on Friday.
* Some 3,000 tonnes of premium unleaded gasoline were traded on Monday. Trafigura was a busy seller, while Glencore and Totsa were on the buy side. * By 1742 GMT, Eurobob's crack to dated Brent BFO- had widened to around $5.364, out from close to $4.037 a barrel on Friday.
* ICE Brent crude futures LCOc1 were down by 86 cents around the same time, at $97.52 a barrel, as a stronger dollar weighed on the market.
* U.S. RBOB gasoline futures RBc1 in New York were little changed at $2.4806 a gallon. The crack RB-CL1=R rose to $13.14 a barrel, up from $12.54 a barrel on Friday.
* One cargo changed hands during Europe's physical naphtha window, with Gunvor selling a cargo to Statoil at $865 a tonne cif NWE.
* Prices fell by two dollars after recovering on Friday, when one cargo changed hands during the day at $867 a tonne cif NWE.
* Traders said lower-than-expected supplies of naphtha from the Russian port of Tuapse was a supportive factor.
* European naphtha spot crack spreads neared zero on Monday, rising to around minus $0.48, up from around $1.39, on Friday. (Reporting by Jessica Donati; editing by Anthony Barker)
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