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US Cash Products-USG diesel slides on soft demand

Mon Apr 21, 2008 10:28pm IST
 
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NEW YORK, April 21 (Reuters) - U.S. Gulf Coast diesel differentials slipped on Monday as soft domestic demand and a closed export arb drove values lower, traders said.

Midwest diesel differentials held steady as damp weather continued to suppress agricultural use.

New York Harbor heating oil slipped on Monday as warm spring weather quelled demand, traders said.

Gulf Coast gasoline was slightly higher on Monday, after switching to the June RBOB futures.

In refinery news, Exxon Mobil Corp's (XOM.N: Quote, Profile, Research) Baytown refinery shut and restarted over the weekend. [ID:nN20361447]

Marathon said it restarted a gasoline-making fluid catalytic cracking unit at its Catlettsburg, Kentucky refinery over the weekend, after the unit went down on April 11 due to a fire.[ID:nN21329842]

Lyondell announced that it is delaying the restart of a gasoline-making fluid catalytic cracker at its Houston refinery until May. [ID:nN21444169]

For a NYMEX futures report, click [O/N]

U.S. GULF COAST <0#P-USG>  Continued...

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