L.A. wholesale gasoline spikes 7 cents -trade

HOUSTON, May 27 (BestGrowthStock) – Wholesale gasoline spiked up 7
cents on Thursday morning due to on-going repairs to the main
gasoline production unit at BP Plc’s (BP.L: ) (BP.N: ) Los
Angeles-area refinery, traders said.

Gasoline blended to meet California’s strict environmental
standards sold on Thursday at a 16.5-cent premium over July
NYMEX RBOB gasoline. Gasoline in the Los Angeles market
finished at 9.5 cents over the NYMEX on Wednesday.

Investing

(Reporting by Erwin Seba)

L.A. wholesale gasoline spikes 7 cents -trade