Gasoline: RBOB looking tight in the USAC

摘要

US Atlantic Coast cash RBOB differentials rose sharply Monday, lifted by a renewal of perceptions that supplies in the grade were back on the tight end of the scale, market sources said.During the Platts Market On Close assessment process, Vitol purchased a 25,000 barrel parcel for shipment on the Buckeye pipeline at September RBOB plus 4 cents/gal from Glen-core for August 30-31 delivery. There was talk earlier in the day that Buckeye RBOB parcels had changed hands for August 28 priced at September RBOB plus 4.35 cents/gal following which a barge of RBOB was done at September RBOB plus 6.5 cents/gal.