LONDON, June 29 - European gasoline prices jumped
on Monday, boosted by spot exports to Nigeria and supported by
gains in crude and U.S. gasoline futures of between three and
four percent. Refinery issues in Nigeria have been exacerbated by recent
militant action in the Niger Delta, requiring further spot
supplies of the motor fuel from Europe. "The jump in crude and RBOB has obviously helped, but
Nigeria's also providing a lot of support on the physical side,"
one broker said.
on Monday, boosted by spot exports to Nigeria and supported by
gains in crude and U.S. gasoline futures of between three and
four percent. Refinery issues in Nigeria have been exacerbated by recent
militant action in the Niger Delta, requiring further spot
supplies of the motor fuel from Europe. "The jump in crude and RBOB has obviously helped, but
Nigeria's also providing a lot of support on the physical side,"
one broker said.
