U.S. Gulf Coast ultra-low sulfur diesel cash differentials were little changed on Friday, taking a breath after changing to trade on Colonial Pipeline’s 58th cycle for delivery to New York Harbor during the previous session, market participants said.

Gulf Coast 62-grade ULSD ULSD-DIFF-USG was little changed, trading 4.25 cents per gallon below the ultra-low sulfur diesel futures contract on the NYMEX HOc1.

U.S. Gulf Coast M4 conventional gasoline RU-DIFF-USG gained 1 cent, trading 14 cents higher than the gasoline futures benchmark on the New York Mercantile Exchange RBc1>, market participants said.

A3 CBOB gasoline CBOB-DIFF-USG gained 3 cents, trading 4 cents per gallon below futures, traders said.

Chicago CBOB gasoline CBOB-DIFF-MC fell 1 cent, trading 11 cents per gallon below futures, traders said.

Chicago ultra-low sulfur diesel ULSD-DIFF-MC fell 10.25 cents, trading 42.5 cents per gallon below diesel futures.

Elsewhere in the Midwest, Group 3 V-grade gasoline RUV-DIFF-G3 was little changed, trading 9 cents higher than the benchmark.

Group 3 diesel ULSD-DIFF-G3 fell a quarter of a cent, trading 9.25 cents higher than the benchmark.

In New York Harbor, M3 conventional gasoline RU-DIFF-NYH gained 8 cents, trading 30 cents per gallon above futures, traders said.

Diesel for delivery in New York Harbor ULSD-DIFF-NYH fell half a cent, trading 4.75 cents per gallon above futures, traders said.

The RBOB futures contract on NYMEX RBc1 rose 0.32 cents to settle at $2.1922 a gallon on Friday.

NYMEX ultra-low sulfur diesel futures HOc1 rose 3.21 cents to settle at $2.9008 a gallon on Friday.

Renewable fuel (D6) credits RIN-D6-US for 2023 traded between 90 and 92 cents each on Friday.

Biomass-based (D4) credits RIN-D4-US traded at 91 and 92 cents each, traders said.
Source: Reuters (Reporting by Stephanie Kelly; Editing by David Gregorio)