* Gulf gasoline lower on cycle change * Midwest differentials mixed * NY Harbor mostly stronger on switches to July benchmark HOUSTON, May 29 (Reuters) - U.S. Gulf Coast cash gasoline differentials werelower on Friday as prompt trade began on a new five-day lifting cycle, traderssaid. A2 CBOB, or conventional regular gasoline blendstock formulated for blendingwith 10 percent ethanol, traded early at a 14.25-cent discount to July RBOB futures, 2.25 cents per gallon lower than the previous cycle's finish onThursday. But A2 partly rebounded with later trades at 14.00- and 13.50-centdiscounts to futures, 1.50 cents per gallon lower, traders said. Gulf heating oil differentials were higher, also on a cycle change, traderssaid. Heating oil was seen at a 17.00-cent discount to June ultra-low sulfurdiesel (ULSD) futures, 1.25 cents per gallon higher than the previouscycle on Thursday. June RBOB and ULSD futures contracts expire on Friday. Both June andJuly RBOB and ULSD futures rallied sharply on Friday, tagging along with thesurge in U.S. and Brent front-month July crude futures. The weaker Gulf gasoline differentials helped temper Midwest values, brokerssaid. Group Three gasoline gained a penny to 9.00 cents below June RBOB, whileChicago cycle-1 June CBOB gasoline fell 1.00 cent to 6.00 cents below July RBOB. Group ULSD fell 2.00 cents to 10 cents below June ULSD, while Chicago ULSDsteadied at even to the July ULSD futures contract. Midwest gasoline differentials were lifted earlier in the week because ofrefinery work, planned and unplanned in the region. Citgo Petroleum Corp on Thursday reported a planned unit shut down at its172,045-barrel-per-day (bpd) Lemont, Illinois, refinery. Industry intelligence firm Genscape had earlier reported that the Citgo unitwas a gasoline-making fluid catalytic cracking unit (FCCU). PBF Energy Inc said on Thursday that a FCCU was shut due to acompressor malfunction at its 160,000-bpd Toledo, Ohio, refinery. Also on Thursday was news that BP PLC and Husky Energy shuta coker unit at their jointly-owned, 160,000-bpd refinery in Toledo, Ohio, forup to two weeks of planned maintenance. Helping ease supply concerns, Genscape said on Friday that Exxon Mobil restarted its FCCU at the Joliet, Illinois refinery. New York Harbor differentials were mostly stronger on the switch of someproducts to trading against weaker July futures from June benchmarks. Also supporting was news that Philadelphia Energy Solutions was stillrunning its main crude distillation unit at limited capacity at its 335,000-bpdrefinery complex in Philadelphia following a fire last week. F2 RBOB traded at 1.40 cents above July RBOB, up about 1.25 cents fromThursday when it was pegged against June futures. M2 conventional gasoline wassteady at 7.00 cents below June RBOB. ULSD edged up 0.25 cent to 0.50 cent above July ULSD and jet fuel gained0.75 cent to 5.50 under. U.S. ethanol credit prices for 2015 slumped on a lower-than-expectedblending quota and biodiesel credits rose as its blending quota was hiked in theU.S. environmental regulator's much-anticipated biofuel blending quotas releasedon Friday. For more refinery news, please go to Latest day Timing NYMEX Bid Offer Change Contract U.S. GULF COAST <0#P-USG> * Scheduling A2 CBOB gasoline Cycle 32 RBOB -13.75 -13.25 -1.50 M2 conventional gasoline Cycle 32 RBOB -11.50 -11.00 -0.75 62-grade ULSD Cycle 30 HO -5.00 -4.50 0.00 54-grade jet fuel Cycle 30 HO -11.00 -10.00 0.00 Heating oil Cycle 30 HO -17.25 -16.75 1.25 NEW YORK HARBOR <0#P-NYH> M2 conventional gasoline Prompt RBOB -7.25 -6.75 0.00 Any-Month RBOB -7.25 -6.75 0.50 F2 RBOB Prompt RBOB +1.00 +1.50 1.25 Any-Month RBOB -0.25 0.25 0.25 ULSD Prompt HO 0.25 0.75 0.25 Any-Month HO 0.00 0.50 0.25 Heating oil Prompt HO -12.00 -11.50 0.75 Any-Month HO -12.00 -11.50 0.75 Jet fuel Prompt HO -5.75 -5.25 0.75 Any-Month HO -5.75 -5.25 0.75 MIDWEST <0#P-G3> <0#P-MC> Chicago CBOB gasoline Cycle 1 RBOB -6.25 -5.75 -1.00 Chicago ULSD Cycle 1 HO -0.25 +0.25 0.00 Group Three gasoline RBOB -9.25 -8.75 1.00 Group Three ULSD HO -10.25 -9.75 -2.00 (Reporting by Kristen Hays in Houston and Robert Gibbons and Chris Prentice inNew York; Editing by Diane Craft)
UK dividends calendar - next 7 days
Friday 22 March | |
easyJet PLC | dividend payment date |
FRP Advisory Group PLC | dividend payment date |
Gulf Investment Fund PLC | dividend payment date |
Henderson Opportunities Trust PLC | dividend payment date |
Hercules Site Services PLC | dividend payment date |
Impax Asset Management Group PLC | dividend payment date |
JLEN Environmental Assets Group Ltd | dividend payment date |
JPMorgan Multi-Asset Growth & Income PLC | dividend payment date |
Mattioli Woods PLC | dividend payment date |
Mobeus Income & Growth 2 VCT PLC | dividend payment date |
Mobeus Income & Growth 4 VCT PLC | dividend payment date |
Ramsdens Holdings PLC | dividend payment date |
Riverstone Credit Opportunities Income PLC | dividend payment date |
Ruffer Investment Co Ltd | dividend payment date |
Samuel Heath & Sons PLC | dividend payment date |
Troy Income & Growth Trust PLC | dividend payment date |
Unilever PLC | dividend payment date |
Monday 25 March | |
AstraZeneca PLC | dividend payment date |
Endeavour Mining PLC | dividend payment date |
Mountview Estates PLC | dividend payment date |
Shell PLC | dividend payment date |
Tuesday 26 March | |
no events scheduled | |
Wednesday 27 March | |
abrdn Diversified Income & Growth PLC | dividend payment date |
Thursday 28 March | |
Alliance Trust PLC | dividend payment date |
Balanced Commercial Property Trust Ltd | dividend payment date |
Berkeley Group Holdings PLC | dividend payment date |
BHP Group Ltd | dividend payment date |
BlackRock Energy & Resources Inc Trust PLC | ex-dividend payment date |
BlackRock Sustainable American Income Trust PLC | ex-dividend payment date |
BlackRock Throgmorton Trust PLC | dividend payment date |
BP PLC | dividend payment date |
City of London Investment Group PLC | dividend payment date |
Crown Place VCT PLC | dividend payment date |
CT UK Capital & Income Investment Trust PLC | dividend payment date |
Develop North PLC | dividend payment date |
Diversified Energy Co PLC | dividend payment date |
Downing Renewables & Infrastructure Trust PLC | dividend payment date |
Gateley Holdings PLC | dividend payment date |
Genus PLC | dividend payment date |
Hargreaves Lansdown PLC | dividend payment date |
HICL Infrastructure PLC | dividend payment date |
Idox PLC | ex-dividend payment date |
Imperial Brands PLC | dividend payment date |
Melrose Industries PLC | ex-dividend payment date |
Mid Wynd International Investment Trust PLC | dividend payment date |
Moneysupermarket.com Group PLC | ex-dividend payment date |
NextEnergy Solar Fund Ltd | dividend payment date |
North Atlantic Smaller Cos Investment Trust PLC | dividend payment date |
Personal Group Holdings PLC | ex-dividend payment date |
Premier Miton Global Renewables Trust PLC | dividend payment date |
Quartix Technologies PLC | ex-dividend payment date |
Renewables Infrastructure Group Ltd | dividend payment date |
Schroder Real Estate Investment Trust Ltd | dividend payment date |
SDCL Energy Efficiency Income Trust PLC | dividend payment date |
Smith & Nephew PLC | ex-dividend payment date |
Taylor Wimpey PLC | ex-dividend payment date |
Thames Ventures VCT 2 DSO 1 D PLC | dividend payment date |
Travis Perkins PLC | ex-dividend payment date |
Utilico Emerging Markets Trust PLC | dividend payment date |
Vaalco Energy Inc | dividend payment date |
Value & Indexed Property Income Trust PLC | ex-dividend payment date |
VH Global Sustainable Energy Opportunities PLC | dividend payment date |
Volution Group PLC | ex-dividend payment date |
Wynnstay Group PLC | ex-dividend payment date |
Comments and questions to newsroom@alliancenews.com | |
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional. | |
Copyright 2024 Alliance News Ltd. All Rights Reserved. |