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West Coast Cash Gasoline Basis Mixed at Start of New Week
6/01 4:46 PM
West Coast Cash Gasoline Basis Mixed at Start of New Week OAKHURST, N.J. (DTN) --- Los Angeles and San Francisco cash gasoline basis continued lower Monday in a dull start to the new trade week while Pacific Northwest basis edged higher. Sources pegged prompt CARBOB in the L.A. basin at a 10cts premium to June New York Mercantile Exchange RBOB futures, a better than nickel drop. July CARBOB traded at 9cts and 8.5cts premiums to August RBOB futures while August CARBOB traded early at 10cts premium to September RBOB futures. San Francisco Bay June CARBOB was indexed at a 2cts premium to the L.A. basin. In the Pacific Northwest, prompt suboctane was indexed 14.5cts by 17.cts premiums to the print, up 0.5cts. Dawn Gallagher, 732.531.4451, dawn.gallagher@dtn.com, http://www.dtn.com. (c) Copyright 2020 DTN, LLC. All rights reserved.