US Cash Products-Gulf Coast gasoline falls on start of new trading cycle

NEW YORK, Sept 29 (Reuters) - Cash differentials for gasoline fell in the U.S. Gulf Coast on Monday after trading rolled over to the 57th annual delivery cycle of the Colonial Pipeline to New York Harbor, traders said.

Gulf Coast M3 conventional gasoline RU-DIFF-USG fell 1.5 cents to 7.5 cents above the November gasoline futures contract RBc2 on the New York Mercantile Exchange, while A3 CBOB gasoline CBOB-DIFF-USG fell 0.40 cent to 4.40 cents below futures, the traders said.

Gulf Coast 62-grade ultra-low sulfur diesel ULSD-DIFF-USG gained a quarter of a cent to 5 cents below November ultra-low sulfur diesel futures contract on the NYMEX HOc1.

Chicago CBOB gasoline CBOB-DIFF-MC fell a cent to 8 cents below futures, traders said. Meanwhile, Chicago ULSD ULSD-DIFF-MC gained a cent to a cent below futures.

Elsewhere in the Midwest, Group 3 V-grade gasoline RUV-DIFF-G3 was unchanged at 19 cents below benchmark gasoline futures RBc1. Group 3 diesel ULSD-DIFF-G3 fell half a cent to 10 cents below benchmark diesel futures HOc1.

Benchmark gasoline futures fell 4.25 cents to close at $1.9951 a gallon, while ULSD futures fell 7.23 cents to close at $2.3566.

Renewable fuel (D6) credits RIN-D6-US for 2025 fell to 93 cents from 93.5 cents each in the previous session, traders said.

Biomass-based (D4) credits RIN-D4-US fell to 97 cents from 96.75 cents each, traders said.