Gasoline:Group 3 differentials rally on short-covering

摘要

In Group 3,short-covering for unleaded gasoline barrels by June 20 led differentials to run up Tuesday.June 20 unleaded traded from July NYMEX RBOB plus 7.75 cents/gal to plus 9.75 cents/gal and was then offered at plus 9.75 cents/gal.The run was largely because shippers were caught short when the Explorer's 17th cycle failed to meet the June 20th dateline,sources said.