West Coast Cash Gasoline Basis Flat to Higher in Thin Trad
1/17 4:50 PM
West Coast Cash Gasoline Basis Flat to Higher in Thin Trade OAKHURST, N.J. (DTN) --- Cash gasoline basis in California and Pacific Northwest trade markets were steady to stronger in limited Friday afternoon trade, sources said. January CARBOB in the basin traded at a 20cts premium to February RBOB futures on the New York Mercantile Exchange while February CARBOB traded at a 27cts premium to March RBOB futures. In the San Francisco Bay, prompt CARBOB maintained a 10cts premium to February RBOB futures. Shell's 156,400 bpd refinery in Martinez reported a unit upset and flaring Thursday evening, a state filing indicated. Prompt suboctane in the Pacific Northwest traded 1ct higher at 9cts futures premium. Dawn Gallagher, 1.732.531.4451, dawn.gallagher@dtn.com, www.dtn.com. (c) 2020 DTN. All rights reserved.