San Francisco Gasoline Weakens as Shell Martinez Restarts Coker
The 165,000-barrel-a-day refinery in Northern California restarted the coker yesterday, Energy News Today reported. The refinery said in a filing with Contra Costa County Health Services that it shut an unidentified unit on May 6 after a leak on an isolation valve.
California-blend gasoline in San Francisco fell 3.5 cents to 27.5 cents a gallon above futures traded on the New York Mercantile Exchange at 2:34 p.m., according to data compiled by Bloomberg. The same fuel in Los Angeles also weakened 3.5 cents, to a premium of 35.5 cents.
California-blend diesel in San Francisco strengthened by 3.5 cents to 5 cents a gallon more than ultra-low-sulfur diesel futures on the Nymex. The fuel in Los Angeles narrowed its discount by 0.63 cent to 2.25 cents.
Low-sulfur diesel in Portland strengthened 2 cents to 8.5 cents above New York futures.
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