Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Midwest Gasoline Weakens as Marathon Crude Unit Back to Service

Don't Miss Out —
Follow us on:

Nov. 1 (Bloomberg) -- Gasoline in the Midwest weakened after Marathon Petroleum Corp. returned a crude unit and an associated vacuum tower to service at its Catlettsburg refinery in Kentucky after planned work.

An alkylation unit remains shut for work, Shane Pochard, a company spokesman, said in a telephone interview.

The premium for conventional, 87-octane gasoline in the Midwest, or Group 3, fell 0.25 cent to 4.75 cents versus futures traded on the New York Mercantile Exchange at 2:37 p.m., according to data compiled by Bloomberg. Prompt delivery fell 2.04 cents to $2.6725 a gallon.

The same fuel in Chicago narrowed 0.5 cent to a discount versus futures of 1.13 cents a gallon.

Colonial Pipeline Co. allocated shipments of gasoline and diesel on Lines 1 and 2, respectively, north of Collins, Mississippi, for Cycle 62, according to bulletins to shippers yesterday. The largest pipeline links the refining center to U.S. East Coast markets.

Regular gasoline in New York Harbor rose 3 cents to a premium of 7.25 cents a gallon versus December futures. Prompt delivery slipped 3.73 cents to $2.6481 a gallon.

To contact the reporter on this story: Paul Burkhardt in New York at pburkhardt@bloomberg.net.

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.