USAC:Takes a pounding

摘要

While NYMEX gasoline prices made sharp gains Monday,New York Harbor conventional unleaded 87 cash differentials continued to get pounded lower.June NYMEX gasoline settled 4.1 cts higher at US1.4578/gal.Conventional unl 87 cash fell 2.25 cts/gal as the spread between the June and July NYMEX gasoline contracts remained wide.Talk was last heard at 8.60-8.25 cts under the NYMEX print.