Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Group Three gasoline jumps 6 cents on BP Whiting refinery problem-traders

Mon, 10th Aug 2015 15:22

NEW YORK, Aug 10 (Reuters) - Group Three cash gasolinetraded at 1 cent over front-month September U.S. RBOB gasoline futures on Monday, a 6-cent stronger differential to thebenchmark as traders and brokers reacted to news of crudedistillation unit (CDU) repairs at BP Plc's413,500-barrel-per-day (bpd) refinery in Whiting, Indiana.

Group Three gasoline was valued at 5.00 cents under thebenchmark late on Friday.

The 240,000-bpd CDU known as Pipestill 12 was shut by amalfunction on Saturday, sources familiar with plan operationssaid, confirming a report by energy industry intelligenceservice Genscape.

In addition to Group Three, gasoline in the neighboring cashproducts market in Chicago also strengthened, with bids heard at3.00 cents above futures, after it was valued late-Friday at2.50 cents below the benchmark. (Reporting by Robert Gibbons Editing by W Simon)

Related Shares

More News
3 May 2024 13:47

British regulator awards more North Sea oil and gas licences

NSTA awards 31 new licences aimed at boosting output *

2 May 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 shines but "mixed feelings" after Fed

(Alliance News) - London's FTSE 100 was solidly higher on Thursday, outperforming European peers, as earnings from the likes of Shell and Standard Cha...

1 May 2024 18:30

Sector movers: Oil, Autos drag on FTSE 350

(Sharecast News) - Weakness in the oil patch and among select cyclicals dragged on the FTSE 350 in the middle of the week.

30 Apr 2024 14:38

UK earnings, trading statements calendar - next 7 days

29 Apr 2024 14:21

Norway's wealth fund falls short on climate ambitions, NGO says

OSLO, April 29 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, the world's largest, is falling short on its climate ambitions by failing t...

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.