20 June 2012 22:00 [Source: ICIS news]
HOUSTON (ICIS)--Spot Chicago gasoline spot traded at a smaller discount against NYMEX gasoline futures, following reports of an equipment failure at CITGO’s Lemont refinery in Illinois, a midwest spot trader said on Wednesday.
In the Chicago spot market, summer conventional blendstock for oxygen blending gasoline traded at a discount of 4.13 cents/gal to gasoline futures on the NYMEX, compared with a discount of 8.25 cents/gal on Tuesday.
A filing on Wednesday with the National Response Center said that CITGO’s 167,000 bbl/day refinery showed flaring as a result of an equipment failure on Tuesday. The report said the equipment failure was quickly addressed.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections