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Reuters news of Nigerian gasoline tender drives up Europe’s refining margin 11.09.2010 Reuters was alone on Nov 9 with market-moving news that Nigeria had issued a large spot tender for 15-20 gasoline cargoes. Demand fundamentals for the motor fuel were previously bleak but news of the tender boosted refining margins for gasoline over $1 a barrel from an 11-month low the previous day. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Commodities & Energy

Energy, metals, agricultural and environmental markets

Reuters news of Nigerian gasoline tender drives up Europe’s refining margin

11.09.2010

Reuters was alone on Nov 9 with market-moving news that Nigeria had issued a large spot tender for 15-20 gasoline cargoes. Demand fundamentals for the motor fuel were previously bleak but news of the tender boosted refining margins for gasoline over $1 a barrel from an 11-month low the previous day.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here