REFILE-US Cash Products- ULSD off in NYH; Gulf, Midwest mogas up

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NEW YORK, May 8 (Reuters) - Ultra-low sulfur diesel in the New York Harbor on Thursday added to this week's losses as more barrels hit the hub with export interest ebbing but outright prices surged in line with NYMEX heating oil, traders said.

"The merc has been up strong two days in a row, so outright values are high and exports have gotten quiet," said one trader in the U.S. Gulf Coast where ULSD price differentials were steady on Thursday.

Desite a small 100,000-barrel draw in U.S. distillate fuel stocks last week, government data on Wednesday also showed that supplies in the PADD 1, or East Coast, region were down 22 percent year-on-year while PADD 1 heating oil stocks were down nearly 38 percent last week.

Gasoline values in the U.S. Gulf Coast and the Midwest added to recent gains as on tight prompt supplies.

"We're finally getting a move that looks something like a traditional spring rally in local gasoline markets, though basis values still sit at record negative values," said one Midwest trader.

U.S. crude oil futures extended losses in late morning trade with June RBOB RBM8 moving in lockstep but NYMEX June heating oil HOM8 continued strong and hit another record of $3.5096 per gallon during the session.

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