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(AFX UK Focus)
2009-11-23 23:33
U.S. WCoast Products-Gasoline sags due to low demand |
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HOUSTON, Nov 23 (Reuters) - West Coast gasoline sagged 1.5 cents in regional refined products market due to low demand on Monday, traders said. Los Angeles ethanol-blend, unleaded CARBOB gasoline for December sold at 2.5 cents per gallon under NYMEX January RBOB. L.A. January CARBOB was set in a bid-offer spread at 2 cents/4 cents on top of February NYMEX RBOB. San Francisco Bay market December CARBOB again traded at 3.5 cents under L.A. December L.A. CARB diesel gained 0.5 cent in a bid-offer spread at 1.5 cents/0 cents under January NYMEX heating oil. In the Bay, CARB diesel was offered 2 cents lower at 5 cents under January NYMEX heating oil. December ultra low sulfur diesel in Los Angeles was heard trading at 1 cent under January heating oil. Jet fuel in Los Angeles was heard at 1 cent/2 cents over December NYMEX heating oil.
In the Portland, Oregon, market, unleaded gasoline gained
0.5 cent in trades at 3 cents over NYMEX RBOB. Diesel was
essentially unchanged at 3.5 cents/2.5 cents under NYMEX
heating oil.
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(Reporting by Erwin Seba; Editing by David Gregorio) ((erwin.seba@thomsonreuters.com; +1 713 210 8508; Reuters Messaging: erwin.seba.reuters.com@reuters.net)) Keywords: MARKETS PRODUCTS WESTCOAST (For help: Click "Contact Us" in your desk top, click here or call 1-800-738-8377 for Reuters Products and 1-888-463-3383 for Thomson products; For client training: training.americas@thomsonreuters.com ; +1 646-223-5546)
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