Gasoline refining margins gain

Northwest European gasoline refining margins gained $1.88 to $37.31 a barrel on Wednesday, extending gains from the previous session as supply concerns lifted margins to multi-year highs.

• Exxon Mobil sold around 4,000 metric tons of Eurobob E10 gasoline barges to Varo.

• Russia's domestic fuel market is well supplied with gasoline and diesel and problems are quickly being tackled, Deputy Prime Minister Alexander Novak said on Wednesday, amid widespread reports of shortages.

• Also in Russia, gasoline and diesel shortages have driven a surge in demand at electric vehicle charging stations operated by state nuclear corporation Rosatom, CEO Alexei Likhachev said on Wednesday, forecasting that the fuel issues would prompt more motorists to consider battery-powered cars.

• Russia has started seaborne imports of gasoline from India, two industry sources said on Wednesday, in an effort to mitigate fuel shortages triggered by Ukrainian attacks on its energy infrastructure.

• Kazakhstan has agreed to supply 50,000 metric tons of gasoline to Russia in July and August as humanitarian aid, four industry sources said on Wednesday.

• Iran said on Tuesday it would not meet with top U.S. envoys who flew to the region following an outbreak of hostilities, clouding the prospects for a lasting peace between the two countries.