SF CARBOB Regular Basis Surges over 15cts after trade


   
Kristina Davis
DTN Refined Fuels Market Reporter

   MIAMI, FL (DTN) --San Francisco gasoline basis spiked Monday (2/9) after a 
trade was confirmed near the end of the trading session.
San Francisco CARBOB regular increased by 17cts to a 70cts premium to March 
NYMEX RBOB futures on the day, setting a 10ct spread against the CARBOB premium 
in the same market. CARB reformulated gasoline premium in San Francisco also 
increased by 17cts to be assessed at a 95cts premium to March futures. 

   Inventories in the U.S. West Coast totaled 30 million bbl in the week ending 
January 30, 500,000 bbl lower than the prior week and extending a four-week 
draw from 31.6 million bbl in early January, Energy Information Administration 
data showed on Wednesday.




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