San Francisco Spot Gasoline Higher on Pipeline Transition

    

   OAKHURST, N.J. (DTN) --- San Francisco Bay spot gasoline prices rallied in 
limited early trade Friday with the move to October pipeline scheduling and 
stronger basis, sources said.

   October CARBOB in the Bay traded 25.0cts over November ULSD futures versus 
offers for October CARBOB at 22.0cts premiums the prior session. Spot price 
rallied more than 8.0cts from the September value a day earlier to $2.2569 
gallon.

   In the Los Angeles basin, October CARBOB traded 25.0cts over November RBOB 
futures, 3.0cts higher than deals the prior session.

   Pacific Northwest prompt suboctane was offered at a 16.0cts futures 
premiums, sources said.

   Just near 1:00 PM ET, October New York Mercantile Exchange RBOB futures rose 
90.79cts to $2.0225 gallon while the November contract added 0.56cts to $2.0069 
gallon. October ULSD future dipped 0.01ct to $2.2279 gallon and November 
futures gained 0.09cts to $2.2330 gallon.

   NYMEX October West Texas Intermediate crude futures traded 80cts higher at 
$71.12 bbl while the November Intercontinental Exchange Brent crude contract 
rose 18cts to $78.88 bbl.

   Dawn Gallagher, 1.732.531.4451, dawn.gallagher@dtn.com, www.dtn.com. (c) 
2018 DTN. All rights reserved.