19 Apr 2016 | 04:25 UTC — Houston

SUBSCRIBER NOTE: Platts corrects April 18 US Gulf Coast gasoline rationales

Platts has corrected the April 18 US Gulf Coast gasoline rationales, not the assessments.

The rationales, published in US Marketscan, should read as follows:

Platts on Monday assessed pipeline-delivered 9 RVP conventional gasoline (M2) based on a bid in the Platts Market on Close assessment process at the NYMEX May RBOB futures contract minus 18.25 cents/gal.

Platts on Monday assessed pipeline-delivered 9 RVP CBOB (A2) based on a 2.50 cents/gal spread with 9 RVP conventional gasoline (M2).

Platts on Monday assessed pipeline-delivered 7.8 RVP CBOB (A1) based on a 6.75 cents/gal premium to pipeline-delivered 9 RVP CBOB (A2) to adjust for the price difference in RVP.