Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

California Gasoline Drops as Exxon Scheduled to Finish Repairs

Spot gasoline in California tumbled to the lowest level against futures in a week as Exxon Mobil Corp. was expected to finish maintenance on a unit at the Torrance refinery in Southern California.

Flaring at the 150,000-barrel-a-day plant, related to repairs on a unit, was scheduled to end today, a Nov. 2 notice to the South Coast Air Quality Management District shows. Daymond Rice, an Exxon spokesman in Torrance, declined by e-mail to comment on the work, saying the company doesn’t discuss the status of units at the plant.

Spot California-blend gasoline, or Carbob, in Los Angeles declined for the fourth day, losing 3 cents to 13 cents a gallon above gasoline futures traded on the New York Mercantile Exchange at 4:34 p.m. East Coast time, according to data compiled by Bloomberg. That’s the lowest premium for the fuel since Nov. 5.

Carbob in San Francisco also slipped by 2 cents, to a premium of 2.5 cents a gallon.

Tesoro Corp.’s 170,000-barrel-a-day Golden Eagle refinery in Northern California was operating at “planned rates” after performing unplanned maintenance last week, Tina Barbee, a spokeswoman at the company’s headquarters in San Antonio, said by e-mail today. The plant shut a unit on Nov. 8 after a vapor leak, a filing with the Contra Costa County hazardous materials division shows.

California-grade, or CARB, diesel in San Francisco fell 2 cents to 3.75 cents a gallon over Nymex heating oil futures, the lowest since Oct. 24. CARB diesel in Los Angeles dropped 2.5 cents to a 10-cent-a-gallon premium to futures.

Portland Market

Conventional 84 sub-octane gasoline to be blended with ethanol in Portland, Oregon, weakened 1.5 cents to a discount of 10 cents a gallon against gasoline futures. Low-sulfur diesel in Portland gained 1 cent to 23.5 cents a gallon over heating oil futures.

BP Plc shut the 315,000-barrel-a-day Olympic pipeline for work that’s expected to last for five days, a person with knowledge of the situation said Nov. 7. The line delivers fuel from refiners in northwest Washington to customers in Seattle and other markets along the I-5 corridor and supplies jet fuel to the Sea-Tac and Portland International Airports, the company’s website shows.

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.