Bloomberg: ICE Gasoil Tumbles in London; Gasoline Slumps: Oil Products

“Gasoil tumbled the most in a month on the ICE Futures Europe exchange as Brent plunged. Gasoline dropped from a 10-week high as BP Plc sold on the barge market. Hedge funds and other money managers bolstered bullish bets on ICE gasoil futures to 30,252 positions in the week ended July 17, compared with 28,235 contracts last week, ICE data show. . . .  Gasoline barges for immediate loading in Amsterdam- Rotterdam-Antwerp traded at $985 and $986 a metric ton, according to a survey of traders and brokers monitoring the Argus Bulletin Board. That compares with as much as $1,020 on July 20, the highest since May 10, according to data compiled by Bloomberg . . . Five ships are booked to transport naphtha from Europe to Asia in July, two more than were scheduled last week, according to data from brokers including Poten & Partners Inc.  . . . . . “