Chicago:Unleaded bearish

摘要

First-cycle unleaded cash fell 1.35 cts/gal despite a more than 5.00 ct drop in the July NYMEX contract Friday.One deal was done at 1.00 ct/gal over the July print for 50,000 bbl,down about 5.10 cts since May 25,the start of first-cycle trade.Second-cycle was called flat to first;third-cycle was heard bid at 0.50 ct over the print.Premium was offered at 9.00 cts over unleaded with three potential sellers in the market.