Heavy export trade has left European gasoline tanks empty and propelled profits from fuel production close to their highest in eight months. Gasoline is trading at a $12 per barrel premium over crude in Europe for the first time since August as closely watched gasoline tanks in the Amsterdam-Rotterdam-Antwerp refining and trading hub sank more than 20% below year-earlier levels. Tanks were down 10% on the month at just 923,000 metric tons (7.7 million barrels) on Apr. 25, according to local stock monitor Insights Global.
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