Gulf Oil Products Strengthen as Refinery Disruptions Persist
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Oil products in the Gulf Coast strengthened as Royal Dutch Shell Plc flared at its Deer Park refinery and chemical plant in Texas and Citgo Petroleum Corp.’s Corpus Christi East, Texas, refinery suffered a power outage.
Gasoline and diesel in the region rose to their highest levels versus New York Mercantile Exchange futures in more than a week.