Europe Gasoline/Naphtha-Cracks gain on U.S. outages, seasonal maintenance

LONDON, Oct (HKSE: 3366-OL.HK - news) 17 (Reuters) - Gasoline refining margins in northwest Europe edged higher on Monday, supported by several outages on the U.S. East Coast and ongoing seasonal refinery maintenance.

* U.S. gasoline margins jumped by more than 5 percent after news that the Colonial Pipeline was temporally cutting volumes on its main gasoline artery.

* An explosion at BASF's Ludwigshafen site in Germany killed at least one and injured six. The blast occurred on a supply line connecting a harbour and a tank depot. BASF turned off 14 facilities, including its two steam crackers. Other companies have storage depots there too.

* Monroe Energy works on a gasoline-making FCCU at its 190,000 bpd Trainer, Pennsylvania refinery following a restart failure last week, a source told Reuters. The unit will be shut for another two weeks.

* Power failure at Suncor's 90,000 barrel per day Denver refinery led to a clay catalyst release, according to local U.S. authorities and the company.

* New Jersey Governor Chris Christie signed into law a gasoline tax hike of 23 cents a gallon. Lawmakers had agreed to increase the state gas tax, which had not been raised since 1988, to 37.5 cents per gallon to replenish a depleted fund that pays for transportation projects.

* Brazil said it had no plans to increase fuel taxes, a day after state-run Petrobras announced a drop in fuel prices. The president's comments may dispel speculation the government would seek to increase taxes to make up for lost revenue.

GASOLINE

* No barges of benchmark Eurobob gasoline traded.

* Earlier in the day, around 12,000 tonnes traded at $503-510 a tonne fob ARA, compared to $508-$512 on Friday.

* Gunvor, BP and Statoil (LSE: 0M2Z.L - news) were sold to Glencore (Frankfurt: 8GC.F - news) , Total (LSE: 524773.L - news) and Interchem.

* No barges of premium unleaded gasoline were traded. Bids and offers were seen at a range of $519-$529 a tonne fob ARA.

* The November swap stood at around $495.75 a tonne, up from $492.75 on Friday.

* Gasoline barge refining margins rose to $11.54 a barrel, compared with $10.6 a barrel at the close on Friday.

* Brent crude oil futures for December delivery were down 62 cents a barrel at $51.33 by 1638 GMT.

* U.S. November RBOB gasoline futures were down 0.06 percent at $1.4927 a gallon.

* The U.S. gasoline crack (RB-CL1=R) was trading at $13.01 a barrel, up from $11.93 a barrel on Friday.

NAPHTHA (NAF-C-NWE)

* Glencore sold to BP one cargo at $433 a tonne for delivery Nov 7-11.

(Reporting by Sabina Zawadzki)