Chevron Corp. (CVX)’s El Segundo plant in Southern California was to restart the unit yesterday, according to a person with direct knowledge of operations at the refinery. Maintenance on the unit, which processes vacuum gasoil into gasoline and other light products, began in mid-January.
California-blend gasoline, or Carbob, in Los Angeles weakened by 5.25 cents to a premium of 5.5 cents a gallon against futures traded on the New York Mercantile Exchange at 4 p.m. East Coast time, according to data compiled by Bloomberg. California-blend diesel in Los Angeles fell 1 cent to a 0.75- cent-premium versus ultra-low-sulfur diesel futures.
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