Europe Products-Gasoline dips on limited storm disruption

LONDON, Nov 10 (Reuters) - European gasoline prices dipped
on Tuesday as few storm disruptions to U.S. refineries from the
now-downgraded Hurricane Ida deflated expectations for wider
immediate arbitrage shipments to the United States, traders
said.

Middle distillates and fuel oil were steady to slightly
firmer.

For a refinery maintenance table, click [REF/E] [REF/OUT]

GASOLINE AND NAPHTHA <EURO/DIFF/MOGAS>

* Barges of 10ppm premium unleaded winter gasoline eased to
trade at $693 and $699 a tonne fob ARA, down from $702-$704 at
Monday's close.

* Dealing was thin, with about 5,000 tonnes changing hands.

* The crack to dated Brent BFO- fell by $1.50 to around $5
a barrel. Brokers said the crack reflected the gains in crude
oil prices early on Tuesday.

* U.S. RBOB gasoline RBc1 was trading about 0.4 percent up
at just below $1.99 a gallon, with its cracks to U.S. crude
futures CLc1 at $3.72 a barrel.

* Brent crude futures were trading 50 cents up at $78.27 a
barrel.

* Hurricane Ida weakened further on Tuesday. Jim Rouiller,
senior energy meteorologist at private forecaster Planalytics
Inc., said there would be normal operations across the Gulf of
Mexico production region. [ID:nN09265408]

* On the swaps market, the December swap was at $691 a
tonne, with backwardation widening to $8.50 a tonne to December.

* Swaps showed the arbitrage gasoline shipment from Europe
to the United States would make around a loss of $1.20 for
November and a profit of $2.60 a tonne in December, which has
supported prices at the front of the curve.

* Last week, a rare gasoline cargo import from the United
States arrived at the ARA independent storage. [ARA/] Traders
said this was unlikely to continue.

* Naphtha was thinly discussed. But support may come from an
expected pick up in Asian demand, traders said. [ID:nSP83546]

MIDDLE DISTILLATES <EURO/DIFF/GO>

* Spot differentials on physical barges were steady to
firmer.

* Barges of 10ppm diesel were offered at a premium of 16 a
tonne fob ARA to November ICE gas oil futures, compared with
deals at $14/$15 premiums on Monday.

* Barges of gas oil with 0.1 percent sulphur were offered at
parity to the benchmark, unchanged from Monday.

* Benchmark November ICE gas oil futures were at $629.50 a
tonne by 1426 GMT, just 50 cents higher than Monday's close.
LGOc1 NEWOILOIL

* Gas oil's crack to ICE Brent futures was weaker at
$7.45/$7.93 a barrel than $8.29 at the close.

* The prompt contango was $8/$11 a tonne, after closing at
$9.50 on Monday and Friday.

FUEL OIL <EURO/DIFF/FO>

* High sulphur fuel oil (HSFO) barges with 3.5 percent
sulphur were assessed at $450-$455 a tonne fob ARA, little
changed from deals at $449-$453 at Monday's close.

* HSFO's crack to dated Brent widened to minus $6.90 a
barrel from minus $6.20 on Monday.
(Reporting by David Sheppard and Ikuko Kurahone; editing by
Keiron Henderson)