Commodities

Stocksak: Los Angeles gasoline declines in the last day of trading October products


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HOUSTON, Texas (Stocksak), – Gasoline fell in the Los Angeles wholesale markets on Friday, the last day of trading October products, West Coast traders reported.

Los Angeles traders reported that October-delivery CARBOB gasoline was priced at 17.50c per gallon, which is 17.50c less than November NYMEXRBOB.

Refined products like CARBOB, which is blended to meet California’s strict environmental standards, change the front month on the 23rd because of pipeline scheduling deadlines.

November CARBOB in Los Angeles was offered at 20 cents/34cs more than December NYMEX.

November CARB diesel was slashed to 3.50 cents from December NYMEX.

November ultra-low-sulfur diesel, which is compliant with U.S. Environmental Protection Agency standards, was traded in Los Angeles for 3 cents under December Nymex heating oil.

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Stocksak Editorial

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