L.A. gasoline falls on rebounding refineries -trade
Los Angeles wholesale gasoline differentials fell 5.5 cents on Tuesday as refineries were seen rebounding from upsets late last week, traders said.
Exxon Mobil Corp and ConocoPhillips Los Angeles-area refineries reported malfunctions late last week, triggering price jumps.
On Tuesday, gasoline blended to meet California's strict environmental regulations fell in the Los Angeles market to 28.5 cents a gallon over the November contract for RBOB gasoline on the New York Mercantile Exchange. California gasoline finished in L.A. on Monday at 34 cents over.
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