December 16, 2011, 3:11 PM EST
By Paul Burkhardt
Dec. 16 (Bloomberg) — Gulf Coast gasoline rose for a fifth straight session as Royal Dutch Shell Plc and Delek US Holdings Inc. reported refinery problems in Texas and Louisiana.
Shell reported an operations upset at the Norco, Louisiana, refinery when furnaces were swapped yesterday, according to a filing with the National Response Center. Delek had emissions at its Tyler, Texas, plant, according to a filing with state regulators.
Conventional, 87-octane gasolines discount on the Gulf Coast narrowed 0.50 cent to 3.75 cents a gallon versus futures on the New York Mercantile Exchange at 2:41 p.m., according to data compiled by Bloomberg. Its the highest level since Nov. 9. Prompt delivery rose 0.93 cents to $2.4545 a gallon.
Sunoco Inc. shut a hydrotreater at its Philadelphia refinery for maintenance, according to a person familiar with operations at the plant. The work on Unit 859, a distillate hydrotreater, is unplanned, said the person, who declined to be identified because the person is not authorized to speak for the refinery.
The premium for ultra-low-sulfur diesel in New York Harbor slipped 0.12 cent to 2.88 cents a gallon versus heating oil futures traded on the New York Mercantile Exchange at 1:56 p.m. The differential rose 1 cent a gallon yesterday.
–With assistance from Paul Gordon in Hong Kong. Editors: Margot Habiby, Charlotte Porter
To contact the reporter on this story: Paul Burkhardt in New York at [email protected]
To contact the editor responsible for this story: Dan Stets at [email protected]