U.S. WCoast Products - LA diesel off, Bay steady

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Fri Jun 26, 2009 6:48pm EDT

 HOUSTON, June 26 (Reuters) - Los Angeles diesel differentials eased Friday but San Francisco diesel stayed strong as futures skidded.
 L.A. CARB diesel shed 1.5 cents to bargain 4 to 6 cents a barrel over August New York heating oil 2HOQ9, which slid 4.26 cents to $1.7810 a gallon on the New York Mercantile Exchange.
 Ultralow sulfur diesel sold 2 cents under CARB in Los Angeles.
 In San Francisco, diesel sold for 10.75 cents over New York
heating oil, and traders said exports to South America - where winter heating demand is in play - were supporting prices.
 L.A. ethanol-blended CARBOB was 0.25 cents stronger, selling for 7.75 cents over August NYMEX RBOB 2RBQ9, which shed 2.97
cents to $1.8719.
 San Francisco CARBOB stayed 3 to 4 cents under its L.A. counterpart.
 Jet fuel in Los Angeles sold for 8 cents over August New York heating oil, in the range of day-earlier bargaining.
 In the Portland, Oregon, market, unleaded gasoline sold 1.5
cents stronger at 0.5 cents under NYMEX RBOB. Ultralow sulfur diesel was unchanged, bid at NYMEX heating oil plus 4 cents against sell offers of 8 cents over.
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 (Reporting by Bruce Nichols)






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