Rich Johnson News
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U.S. Gulf Coast gasoline weakened to the lowest level in almost three weeks as Phillips 66 restarted its Sweeny, Texas, refinery and Exxon Mobil Corp. returned a unit to service at its Baytown plant, also in Texas.
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Spot gasoline in California advanced against futures as BP Plc’s Carson refinery, the second-largest in the state, scheduled flaring and Phillips 66’s Rodeo plant reported an unplanned unit shutdown.
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Spot gasoline in San Francisco advanced to the highest level against futures in six months as Phillips 66’s Rodeo refinery was said to be running at reduced rates during repairs on a hydrocracker.
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California-blend gasoline in San Francisco advanced to a six-week high against futures after ConocoPhillips said the Rodeo refinery in Northern California is conducting planned maintenance.
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New York and Gulf Coast gasoline strengthened after ConocoPhillips reduced rates at its Pennsylvania refinery after a crude oil leak and is conducting maintenance at its Lake Charles plant in Louisiana.
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Phillips 66’s Wood River, Illinois, refinery has cut rates at two crude distillation units for planned work, a person familiar with the turnaround said.
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California-blend gasoline in San Francisco strengthened to the highest level against futures in four weeks after ConocoPhillips shut a sulfur recovery unit at the Rodeo refinery in Northern California.
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Phillips 66’s Wood River refinery in Illinois returned a crude unit to full rates after completing planned work, a person familiar with the turnaround said.
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U.S. Gulf Coast gasoline strengthened after Phillips 66 said a refinery in Sweeny, Texas, will need several days to restart following a power failure.
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U.S. Gulf Coast gasoline weakened as Exxon Mobil Corp. and Phillips 66 restarted units at two Texas refineries.
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