California, Pacific Northwest Cash Gasoline Basis Mixed
OAKHURST, N.J. (DTN) --- Los Angeles cash gasoline basis for prompt and next
month pipeline delivery were mixed in lackluster action Tuesday while basis in
San Francisco and the Pacific Northwest were discussed weaker.
Sources pegged June CARBOB in the L.A. basin at a 10cts premium to July New
York Mercantile Exchange RBOB futures, unchanged, while July CARBOB eased
0.5cts to an assessed value 8cts over the August RBOB contract. August CARBOB
was indexed at a 10cts premium to September RBOB futures.
San Francisco Bay June CARBOB was indexed 2cts weaker at a 10cts premium to
July RBOB futures.
In the Pacific Northwest, prompt suboctane was indexed at a 15cts premium to
the print, down 0.5cts.
Dawn Gallagher, 732.531.4451, email@example.com, http://www.dtn.com.
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