Nov. 1 (Bloomberg) -- Gasoline prices in northwestern Europe advanced to the highest in more than two years following a fire at a U.K. refinery yesterday. Naphtha rose to a record.

Spot gasoline for immediate loading in Amsterdam-Rotterdam- Antwerp jumped $45 to $842 a metric ton at 12:26 p.m. in London, the highest since September, 2005, according to data compiled by Bloomberg. The contract reached a record $850 a ton on Sept. 1, 2005, after Hurricanes Katrina and Rita caused supply disruptions from refineries along the U.S. Gulf Coast.

Petroplus Holdings AG had a fire in a naphtha plant at its 172,000 barrel-a-day Coryton refinery in southeast England, forcing the company to shut down several units as a precaution. The Zug, Switzerland-based company said it is working to ensure normal production resumes as soon as possible.

Naphtha for immediate delivery rose $9 to a record $799 a ton, Bloomberg data showed. The contract surpassed its previous record of $791 a ton achieved on Oct. 29.

Naphtha, processed from crude oil, is used in gasoline and petrochemical production.

Brent crude oil for December settlement extended yesterday's gains, rising as much as $1.08 to a record $91.71 a barrel on London's ICE Futures Exchange. It traded at $91.01 a barrel at 12:46 p.m. local time. Prices rose following a decline in U.S. stockpiles last week.

Gasoline swaps prices for December loading rose $1 to $805.02 a ton, according to London-based energy broker PVM. The contract gained $13.41 a ton yesterday.

Naphtha swaps for delivery next month rose $11.40 to $812.94 a ton, according to PVM. The contract rose $13.44 yesterday.

Swap contracts allow traders to bet on the future value of a security, currency or commodity during a specific period.

To contact the reporter on this story: Nidaa Bakhsh in London at nbakhsh@bloomberg.net

Last Updated: November 1, 2007 09:26 EDT