L.A. gasoline spikes on shut Conoco unit - trade
Los Angeles wholesale gasoline differentials rose 13 cents a gallon on Monday after ConocoPhillips shut a unit at its139,000-barrels-per-day refinery in Wilmington,California,traders said.
Gasoline blended to meet California's strict environmental standards last sold at 46 cents a gallon over the November NYMEX RBOB gasoline contract. Los Angeles wholesale gasoline had finished at 33 cents a gallon over November NYMEX gasoline on Friday.
Conoco has said the unit closure was not expected to affect production at the refinery.
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