Chicago gasoline hits smaller discount on news of refinery issues

18 October 2012 20:57  [Source: ICIS news]

HOUSTON (ICIS)--US conventional blendstock for oxygen blending (CBOB) gasoline in the Chicago market traded at a smaller discount to NYMEX gasoline following news of a shutdown of a small crude unit at BP’s 337,000 bbl/day refinery in Whiting, Indiana, sources said on Thursday.

Chicago CBOB differentials traded at 18 cents/gal below the NYMEX reformulated gasoline blendstock for oxygen blending (RBOB) contract in the morning, compared with a discount of 41 cents/gal the previous day.

One midwest gasoline trader said three associated units were also taken down at the Whiting refinery

BP was not immediately available to comment on operations at the Whiting refinery.

By: Brian Balboa
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