Gasoline Gains on Hess Halt; European Gasoil Rises: Oil Products
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European gasoline rose to the highest in more than three months on speculation transatlantic shipments will be boosted by the planned closure of Hess Corp.’s Port Reading refinery in New Jersey next month.
Low-sulfur heating oil barge differentials rose. Glencore International Plc purchased two cargoes of naphtha from Royal Dutch Shell Plc at stable prices.