Gasoline: Chicago slides, while LA rebounds

摘要

US conventional gasoline differentials in Chicago traded down to 15 cents/gallon below the NYMEX front-month RBOB contract, falling 4.5 cents/gal on the day due to a supply glut, traders said Friday.An increase in selling by refiners contributed to the weakening differentials, as they scrambled to move product, sources said. "Nothing has really changed; I heard rumblings of refiners becoming more aggressive," said one trader.