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Gulf Coast premium gasoline soars amid scarce reformate

January 1, 2023 Comments Off

Gulf Coast premium CBOB gasoline soared Dec. 30 amid stronger underlying futures contract, buying interest, and a thin octane market. Premium CBOB rose 16.16 cents to $2.6603/gal after Platts assessed its differential 6 cents higher than the last close, at NYMEX February RBOB futures plus 18.25 cents/gal. The underlying futures contract settled 10.16 cents above the last close, at $2.4783…