US spot prices drop as weaker futures complex dictates prompt markets.

摘要

Spot product prices fell in the week to June 17 as some bull factors were vastly overshadowed by a bearish plunge in futures prices. Spot gasoline prices in the Midwest's Chicago hub were pressured down by unusually strong premiums for RBOB gasoline, market players noted. "The 12-14φ premium for the RBOB is more than double what we've seen in recent summers," a trader said. Also, sentiment in the Midwest was weaker, in general, as units were restarted at local refineries and buyers left the market.