NEW YORK, July 21 (Reuters) - Cash differentials for conventional gasoline gained in the U.S. Gulf Coast spot market on Monday, the last day to trade for gasoline deliveries on the Colonial Pipeline's 43rd annual pumping cycle to New York Harbor, traders said.
Gulf Coast M2 conventional gasoline RU-DIFF-USG gained a quarter of a cent to trade 2 cents below the September gasoline futures contract RBc2 on the New York Mercantile Exchange, market participants said.
Meanwhile, A2 CBOB gasoline CBOB-DIFF-USG fell a quarter of a cent to 15 cents below September futures, they said.
Gulf Coast 62-grade ultra-low-sulfur diesel ULSD-DIFF-USG fell 0.35 cent, trading 5.1 cents per gallon below the September ULSD futures contract HOc2.
In the Midwest, Chicago CBOB gasoline CBOB-DIFF-MC and ULSD ULSD-DIFF-MC were unchanged, traders said.
Group 3 V-grade gasoline RUV-DIFF-G3 gained a quarter of a cent to 12.5 cents below benchmark August gasoline futures RBc1.
Group 3 diesel ULSD-DIFF-G3 was unchanged at 2.5 cents below benchmark ULSD HOc1.
Benchmark RBOB futures fell 2.15 cents to settle at $2.1319 a gallon, while ULSD futures rose 5.62 cents to close at $2.5092.
Renewable fuel (D6) credits RIN-D6-US for 2025 traded at 116 cents each, down from between 119 cents and 117.5 cents on Friday, traders said.
Biomass-based (D4) credits RIN-D4-US fell to 121 cents, from between 123.5 cents and 124.25 cents earlier, traders said.
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| Latest day |
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| Timing | NYMEX Contract | Bid | Offer | Change |
U.S. GULF COAST <0#P-USG, PPIM> * Scheduling |
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A2 CBOB gasoline CBOB-DIFF-USG | Cycle 43 | September RBOB | -15.25 | -14.75 | -0.25 |
M2 conventional gasoline RU-DIFF-USG | Cycle 43 | September RBOB | -2.25 | -1.75 | 0.25 |
62-grade ULSD ULSD-DIFF-USG | Cycle 43 | September HO | -5.35 | -4.85 | -0.35 |
54-grade jet fuel JET-DIFF-USG | Cycle 43 | September HO | -18.00 | -17.50 | -0.00 |
Heating oil HO-DIFF-USG | Cycle 43 | September HO | -22.50 | -22.00 | -0.00 |
NEW YORK HARBOR <0#P-NYH, PPIL> |
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| Bid | Offer | Change |
M2 conventional gasoline RU-DIFF-NYH | Prompt | August RBOB | 0.50 | 1.00 | -0.00 |
F1 RBOB RBOB-DIFF-NYH | Prompt | August RBOB | -1.50 | -1.00 | -0.00 |
ULSD ULSD-DIFF-NYH | Prompt | August HO | 4.75 | 5.25 | -0.00 |
Heating oil HO-DIFF-NYH | Prompt | August HO | -10.25 | -9.25 | -0.00 |
Jet fuel JET-DIFF-NYH | Prompt | August HO | -15.25 | -14.75 | -0.00 |
MIDWEST 0#P-G3, 0#P-MC, IHPROD/MIDCO |
| Bid | Offer | Change | |
Chicago CBOB gasoline CBOB-DIFF-MC | Cycle 3 | August RBOB | -9.25 | -8.75 | -0.00 |
Chicago ULSD ULSD-DIFF-MC | Cycle 3 | August HO | -8.25 | -7.75 | -0.00 |
Group Three gasoline RUV-DIFF-G3 |
| August RBOB | -12.75 | -12.25 | 0.25 |
Group Three ULSD ULSD-DIFF-G3 |
| August HO | -2.75 | -2.25 | -0.00 |