The following is a selection of the most important news affecting the oil market.
The premium for Los Angeles gasoline widened versus futures for the first time in seven days as refineries operated by Tesoro Corp. and Exxon Mobil Corp. reported upsets.
Spot gasoline in San Francisco declined against futures for the first time in five days as refineries in the western U.S. finished repairs.
Gasoline on the spot market in Los Angeles surged to the highest level since June after Exxon Mobil Corp. reported a breakdown at the Torrance refinery.
California-blend gasoline on the spot market in Los Angeles strengthened against futures after an area refinery reported a breakdown.
California-blend gasoline on the spot market in Los Angeles strengthened against futures as a Southern California refinery planned to flare gases and the fuel began trading against the less-expensive September contract.
Valero Energy Corp. reported that a sulfur unit shut at its Wilmington refinery in California, according to a regulatory filing .
Exxon Mobil Corp.’s Torrance, California, refinery flared gases today from 9:21 a.m. local time to 10:32 a.m., according to a regulatory filing.
Exxon Mobil Corp. reported flaring at its Torrance, California, refinery starting today at 8:05 a.m. local time, according to a filing with regulators.