Gasoline Little Changed on Speculation Supplies to Increase
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Gasoline was little changed amid speculation that supplies of the motor fuel in New York Harbor are adequate and will soon increase.
Futures were 0.01 cent higher after swinging between an 0.8 percent drop and a 1.6 percent gain. A crude unit upset at PBF Energy Inc.’s Paulsboro, New Jersey, refinery wasn’t expected to affect production. Philadelphia Energy Solutions may restart a fluid catalytic cracker this week at the Girard Point section of the plant that was shut in February for planned work.