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L.A. gasoline up 6 cts on Chevron refinery work plan-traders
April 9, 2012 / 8:50 PM / 6 years ago

L.A. gasoline up 6 cts on Chevron refinery work plan-traders

HOUSTON, April 9 (Reuters) - Gasoline climbed 6 cents a gallon in the Los Angeles spot market on Monday as Chevron Corp planned to overhaul a coking unit later this month at its 273,000 barrel per day (bpd) Los Angeles-area refinery in El Segundo, California, traders said.

A Chevron spokesman was not immediately available to discuss refinery operations.

A coking unit increases the amount of refinable material from a barrel of oil and turns residual crude into petroleum coke, a coal substitute.

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