N.Y. Gasoline Strengthens Amid Canadian Refinery Maintenance
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New York gasoline strengthened on speculation repairs at Imperial Oil Ltd.’s Dartmouth refinery and a longer-than-expected turnaround at Korea National Oil Corp.’s Come by Chance plant will limit fuel imports.
Imperial started early a turnaround at the Nova Scotia refinery that was planned to begin early this month, after a July 21 power outage shut the plant. A crude unit and an isomax unit at the 115,000-barrel-a-day Newfoundland plant are expected to return to normal operations this week, later than the expected mid-July start.