U.S. Cash Products-Gulf Coast diesel little changed day after cycle change
NEW YORK, Oct 6 (Reuters) - U.S. Gulf Coast ultra-low sulfur diesel cash differentials were little changed on Friday, taking a breath after changing to trade on Colonial Pipeline’s 58th cycle for delivery to New York Harbor during the previous session, market participants said.
NEW YORK, Oct 6 (Reuters) - U.S. Gulf Coast ultra-low sulfur diesel cash differentials were little changed on Friday, taking a breath after changing to trade on Colonial Pipeline’s 58th cycle for delivery to New York Harbor during the previous session, market participants said.
Gulf Coast 62-grade ULSD (ULSD-DIFF-USG) was little changed, trading 4.25 cents per gallon below the ultra-low sulfur diesel futures contract on the NYMEX (HOc1) .
U.S. Gulf Coast M4 conventional gasoline (RU-DIFF-USG) gained 1 cent, trading 14 cents higher than the gasoline futures benchmark on the New York Mercantile Exchange RBc1>, market participants said.
A3 CBOB gasoline (CBOB-DIFF-USG) gained 3 cents, trading 4 cents per gallon below futures, traders said.
Chicago CBOB gasoline (CBOB-DIFF-MC) fell 1 cent, trading 11 cents per gallon below futures, traders said.
Chicago ultra-low sulfur diesel (ULSD-DIFF-MC) fell 10.25 cents, trading 42.5 cents per gallon below diesel futures.
Elsewhere in the Midwest, Group 3 V-grade gasoline (RUV-DIFF-G3) was little changed, trading 9 cents higher than the benchmark.
Group 3 diesel (ULSD-DIFF-G3) fell a quarter of a cent, trading 9.25 cents higher than the benchmark.
In New York Harbor, M3 conventional gasoline (RU-DIFF-NYH) gained 8 cents, trading 30 cents per gallon above futures, traders said.
Diesel for delivery in New York Harbor (ULSD-DIFF-NYH) fell half a cent, trading 4.75 cents per gallon above futures, traders said.
The RBOB futures contract on NYMEX (RBc1) rose 0.32 cents to settle at $2.1922 a gallon on Friday.
NYMEX ultra-low sulfur diesel futures (HOc1) rose 3.21 cents to settle at $2.9008 a gallon on Friday.
Renewable fuel (D6) credits (RIN-D6-US) for 2023 traded between 90 and 92 cents each on Friday.
Biomass-based (D4) credits (RIN-D4-US) traded at 91 and 92 cents each, traders said.
Latest day
Timing NYMEX Bid Offer Change
Contract
U.S. GULF COAST #P-USG, PPIM
- *
Scheduling
A3 CBOB Cycle November RBOB -4.25 -3.75 3.00
gasoline 58
-USG
*
M4 Cycle November RBOB 13.75 14.25 1.00
convention 58
al
gasoline
SG
*
62-grade Cycle November HO -4.50 -4.00 0.00
ULSD 58
-USG
*
54-grade Cycle November HO -19.50 -19.00 3.25
jet fuel 58
USG
*
Heating Cycle November HO -29.25 -28.75 -0.50
oil 58
SG
*
NEW Bid Offer Change
YORK
HARBOR
#P-N
YH,
PPIL
*
M3 Prom November 29.75 30.25 8.00
conven pt RBOB
tional
gasoli
ne
FF-NYH
*
F4 Prom November 3.25 3.75 -0.50
RBOB pt RBOB
DIFF-N
YH
*
ULSD Prom November 4.50 5.00 -0.50
DIFF-N
YH
*
Heatin Prom November -5.00 -4.50 1.25
g oil pt HO
FF-NYH
*
Jet Prom November -14.7 -14.2 1.25
fuel pt HO 5 5
IFF-NY
H
*
MIDWEST Bid Offer Change
(0#P-G3) ,
(0#P-MC) ,
CO
*
Chicag Cyc November -11.2 -10.7 -1.00
o CBOB le RBOB 5 5
gasoli 2
ne
DIFF-M
C
*
Chicag Cyc November -42.7 -42.2 -10.25
o ULSD le HO 5 5
DIFF-M
C
*
Group November 8.75 9.25 0.00
Three RBOB
gasoli
ne
IFF-G3
*
Group November 9.00 9.50 -0.25
Three HO
ULSD
DIFF-G
3
*
