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US WCoast Products - Portland gasoline retreats

Mon, 13th May 2013 22:43

HOUSTON, May 13 (Reuters) - Gasoline retreated by 7 cents agallon on Monday in the Portland, Oregon, market as TesoroCorp's 120,000 barrel per day (bpd) Anacortes,Washington, refinery ramped up production on itsgasoline-producing fluidic catalytic cracking unit, traderssaid.

May gasoline in Portland finished at 60 cents a gallon overJune NYMEX RBOB gasoline.

Traders said Portland gasoline might have fallen farther,except BP Plc's 225,000 bpd Cherry Point, Washington,refinery slowed production over the weekend after a sulfur plantheater failed on Saturday.

Sources familiar with operations at the Cherry Pointrefinery, on Monday said the refinery was operating normally.

A BP spokesman declined to discuss refinery operations.

In the Los Angeles market, May CARBOB gasoline was steady at34 cents a gallon over June NYMEX RBOB gasoline as Exxon MobilCorp's 149,500 bpd refinery returned to normaloperations following a malfunction on Friday, according to acompany spokeswoman.

In the San Francisco Bay market, May CARBOB was valued at 36cents a gallon over June RBOB.

In Los Angeles, May CARB diesel slid 3 cents a gallon to 5.5cents a gallon under June NYMEX heating oil.

May diesel in Portland gained 2.75 cents to 19 cents agallon over June heating oil.

May jet fuel in L.A. retreated 2.75 cents a gallon to 15cents a gallon under June NYMEX heating oil. (Reporting by Erwin Seba, editing by G Crosse)

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