Gasoline’s premium to Brent crude, Europe’s benchmark, fell to the lowest in three months. Barges for immediate loading fell on average since yesterday in thin trading. Naphtha’s discount to Brent narrowed. Gasoil traded on London’s ICE Futures Europe exchange rose as Brent increased. The heating fuel’s crack shrank. Light Products Gasoline barges for loading in Amsterdam-Rotterdam-Antwerp traded at $1,000 and $1,002 a metric ton, according to a survey of traders and brokers monitoring the Argus Bulletin Board. That compares with trades yesterday from $998 to $1,021 a ton. Morgan Stanley and Gunvor Group Ltd. purchased 1,000 tons each from Chevron Corp. Yesterday, at least 10,000 tons changed hands. The trades are for Eurobob grade to which ethanol is added to make finished motor fuel and are typically for lots of 1,000 tons or 2,000 tons. Gasoline’s crack narrowed to $5.11 a barrel from $5.36 yesterday, according to PVM Oil Associates Ltd., a crude and refined products broker in London. That’s the lowest price spread since June 14. Naphtha’s discount to Brent narrowed to $3.31 a barrel from $3.48 yesterday, according to PVM. Middle Distillates Gasoil for October rose 0.9 percent to $940.25 a ton as of 12:01 p.m. London time on the ICE exchange. The November contract increased 0.8 percent to $935 a ton. Front-month Brent climbed 1.4 percent to $110.71 a barrel. Gasoil’s crack, a measure of refining profitability, narrowed to $14.78 a barrel from $14.86 yesterday, according to ICE data. To contact the reporter on this story: Nidaa Bakhsh in London at nbakhsh@bloomberg.net To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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