Cash differentials for gasoline rose in the U.S. Gulf Coast spot market as a buyer emerged on Friday, the first day to trade for Colonial Pipeline’s 72nd annual cycle of deliveries to New York Harbor, traders said.

U.S. Gulf Coast M4 conventional gasoline RU-DIFF-USG gained 1.5 cents, trading 3.25 cents lower than the gasoline futures benchmark on the New York Mercantile Exchange, market participants said.

A4 CBOB gasoline CBOB-DIFF-USG fell half a cent, trading 11 cents per gallon below futures, traders said.

Gulf Coast 62-grade ULSD ULSD-DIFF-USG fell 0.55 cent, trading 9.3 cents per gallon below the ultra-low sulfur diesel futures contract on the NYMEX HOc1.

Chicago CBOB gasoline CBOB-DIFF-MC fell 2.75 cents, trading 11 cents per gallon below futures, traders said.

Chicago ultra-low sulfur diesel ULSD-DIFF-MC fell quarter of a cent, trading 21 cents per gallon below diesel futures.

Elsewhere in the Midwest, Group 3 V-grade gasoline RUV-DIFF-G3 gained three quarters of a cent, trading 14 cents lower than the benchmark.

Group 3 diesel ULSD-DIFF-G3 fell quarter of a cent, trading 18.5 cents lower than the benchmark.

In New York Harbor, M4 conventional gasoline RU-DIFF-NYH fell half a cent, trading 7.25 cents per gallon above futures, traders said.

Diesel for delivery in New York Harbor ULSD-DIFF-NYH fell quarter of a cent, trading 2 cents per gallon below futures, traders said.

The RBOB futures contract on NYMEX RBc1 rose 1.33 cents to settle at $2.0018 a gallon on Friday. NYMEX ultra-low sulfur diesel futures HOc1 rose 3.34 cents to settle at $2.27 a gallon.

Renewable fuel (D6) credits RIN-D6-US for 2024 traded at 62.75 cents each on Friday, down from 64 cents in the previous session, traders said.

Biomass-based (D4) credits RIN-D4-US traded flat to D6, down from 64 cents each previously, traders said.
Source: Reuters (Reporting by Nicole Jao in New York; Editing by David Gregorio)