LONDON, Nov 23 (Reuters) - Gasoline prices held premiums to gas oil for heating in the European oil product market on Monday due to baseload transport demand and the shutdown of Valero's Delaware refinery [ID:nN20238744]. Physical Eurograde gasoline traded above $700 a tonne in early dealing, while benchmark ICE gas oil futures were around $620 a tonne, with discounts on physical gas oil at $9/$15. Heating demand can be swayed by weather conditions every year. In Europe, cold snaps has been hitting some areas but they have not been sustained for long enough to spur strong heating demand. "It is not very usual to see gasoline trading premiums to heating oil in winter," a trader said. High inventory levels of gas oil on land and at sea have prevented the heating fuel from getting supports from run cuts across Europe and the states, traders said. In Europe, refineries ran their plants at about 82 percent of their capacity in October, compared with 89 percent a year earlier, Euroilstocks data showed on Friday. [O/EUROIL1] GASOLINE AND NAPHTHA * Barges of 10ppm premium unleaded winter gasoline traded at $700-$702 a tonne fob ARA, edging up from $685-$698 at Friday's close. * The Eurograde's crack to dated Brent BFO- was held firm around $6.25 a barrel by 0951 GMT. * Brent crude futures were trading $1.06 higher at $78.26 a gallon. * U.S. RBOB gasoline RBc1 futures were 0.9 percent higher at $1.9982 a gallon, with its cracks to U.S. crude futures CLc1 at $6.43 a barrel. RB-CL1=R MIDDLE DISTILLATES * Barges of gas oil with 0.1 percent sulphur were offered at $9 discounts a tonne fob ARA to December ICE gas oil futures and bid at $15 discounts. On Friday, they traded at $7/$12 discounts. * This time last year, gas oil barges traded between $2 premiums and $7.50 discounts to benchmark in late-November and early December. * Diesel was supported by baseload transport demand and by active bids by Vitol on the cargo market last week. * Barges of 10ppm diesel were offered at $9 premiums at tonne to December futures, compared wit Friday's deals at $4/$8 premiums. * December gas oil futures LGOc1 were $10.50 up, or 1.7 percent, at $619.75 a tonne by 1007 GMT> * The contango to January was around $12 a tonne. On Friday, it closed at $12.25, the widest contango since August for a market close. LGO-1=R NEWOILOIL * The prompt crack was around $6.45 a barrel. LGO-LCO1=R FUEL OIL * High sulphur fuel oil (HSFO) barges with 3.5 percent sulphur were discussed at $448-$454 a tonne fob ARA, up from $441-$443 on Friday. * The gain in HSFO prices lagged behind crude oil and its crack to dated Brent weakened by about 65 cents to minus $6.35 a barrel. (Reporting by Ikuko Kurahone) ((ikuko.kurahone@thomsonreuters.com; +44(0)20 7542 8145; Reuters Messaging: ikuko.kao.reuters.com@reuters.net)) ((Xtra clients: Click on topnews.session.rservices.com to see Top News pages in multimedia Web format.)) For latest physical prices double click on: , and . For energy speed guide page click on ENERGY. For ARA oilstock data click on For European oilstock data click on For swaps prices double click on: gasoline <0#PU-ARA-S> naphtha <0#NAF-NWE-S> HS fuel oil <0#HFO-ARA-S> LS fuel oil <0#LFO-NWE-S>

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