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California, Pacific Northwest Cash Gasoline Basis Mixed
6/02 4:51 PM
California, Pacific Northwest Cash Gasoline Basis Mixed OAKHURST, N.J. (DTN) --- Los Angeles cash gasoline basis for prompt and next month pipeline delivery were mixed in lackluster action Tuesday while basis in San Francisco and the Pacific Northwest were discussed weaker. Sources pegged June CARBOB in the L.A. basin at a 10cts premium to July New York Mercantile Exchange RBOB futures, unchanged, while July CARBOB eased 0.5cts to an assessed value 8cts over the August RBOB contract. August CARBOB was indexed at a 10cts premium to September RBOB futures. San Francisco Bay June CARBOB was indexed 2cts weaker at a 10cts premium to July RBOB futures. In the Pacific Northwest, prompt suboctane was indexed at a 15cts premium to the print, down 0.5cts. Dawn Gallagher, 732.531.4451, dawn.gallagher@dtn.com, http://www.dtn.com. (c) Copyright 2020 DTN, LLC. All rights reserved.