CME Relaxes Gasoline Delivery Rules for New Jersey Amid Shortage
- Delivery of more gasoline grades for October contract allowed
- EPA on Sept. 16 eased rules to ensure adequate supplies
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The New York Mercantile Exchange eased rules for October deliveries after a spill on the nation’s largest pipeline reduced supply.
Nymex will allow deliveries of conventional gasoline and related blendstocks, in addition to reformulated blendstocks, or RBOB, to fulfill October contracts, according to a CME Group Inc. notice Thursday. That brings the CME in line with the U.S. Environmental Protection Agency, which relaxed standards on Sept. 16. The various grades can also be commingled, the notice showed.